Neither texas or Belize, read it again, It says Lo
Post# of 39368
Neither texas or Belize, read it again, It says Louisiana.
TNC Energy has related to the Treaty Energy management team, that their engineers have estimated production levels of up to 600 bbls/day out of the 50 existing wells after completion of the work overs.
Work over cost are estimated at $15,000 per well and completion time for all wells is expected to take approximately 3 to 4 months. TNC Energy is currently on site and proceeding with the work over of the wells. Treaty Energy Corp will not be responsible for any other investments in the venture nor any other operational responsibilities
Bull I think your estimate of 200 in 111 days could be a low estimate. I think TNC could do this in louisiana alone. This was from October 31 news release, that means a month and a half of the three to four months is already past. we could be there already......I am dreaming bigger adding east and west texas...who knows how big in 111 days. The only IF to this is if they don't start pumping oil till all the work-overs are done.