Front 3 TNC Energy to Fund, Develop, and Produce
Post# of 39368
Front 3
TNC Energy to Fund, Develop, and Produce all leases and wells recently purchased by Treaty Energy located in Converse, La. ( Sabine Parrish ).
Under the terms of the proposed agreement TNC Energy will provide all development funds necessary to bring into production the 50 existing wells, as well as the drilling of additional wells upon completion of the work overs.
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.
TNC Energy, LLC is a newly formed drilling company managed by the Weder Family, who's Edge Services, Edge Wireline, and Pistol Drilling business units have been providing oil field services since 1984. TNC, through its affiliated companies owns and operates a large 10 rig fleet service drilling company, and wireline services company, boasting highly skilled and vastly experienced personnel with a wealth of knowledge, spanning many years in the oil drilling industry, to draw from.