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  4. Treaty Energy Corporation (TECO) Message Board

This water system is going to change the industry

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Post# of 39368
Posted On: 09/29/2014 10:32:40 AM
Posted By: DTL
Re: BULL2222 #28860
This water system is going to change the industry in my opinion. It's going to reduce existing drilling schedules and costs. What small to medium size drilling company wouldn't want to utilize this technology. In my opinion the company is immediately recognized as being EPA conscience with one of these systems. That is great for public relations, permitting, clean up, etc, etc. Think of the many drought stricken land owners throughout the year. In my opinion an E&P company wanting to lease that land could provide the land owners livestock and fields with clean water free of charge using one of these Sandbox systems. The company could provide water to the land owner the entire time they are operating the land. The E&P company could leverage/barter the clean water supply on that deal and possibly retain most of the oil rights and the reduced costs to operate would result in higher profits. Privco will be huge and in my opinion TECO will leverage Privco's technologies to it's advantage among other strategic alliance type moves together. TECO shareholders now have a very experienced oil industry BOD with new technology to bring to the table in addition an entire second public company in bed with each other! They will be sharing the same CFO! This could be EPIC!


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