DTL, I'm not sure about an X Factor with Treaty. Its sounds good to me but if we think about it, what is it that Treaty has that another company would want. Treaty isn't in direct competition because the majority of the leases they buy are old and washed up. None of them are producing like we hoped. I suppose the only thing that Treaty has that another company would want is the Belize lease but we are partners with Princess on those.
I'm lost on what kind of big news we can expect because the two wells that are drilled in Belize aren't even ours anymore because I'm pretty sure we sold most of them to be able to keep working. We will get our money back if they ever produce but thats about it. This is all off of memory so I am not exactly sure but I think I remember hearing about that.
When we are talking about the Mitchell Leases are we talking about Mitchell County which is in W. Texas. I have sent equipment out there but they are all drilling 15,000'. I know each hole is different but to me if the reserve is 15k its going to be that way through out. Thats not my area of expertise though. The equipment is but I'll get cursed out if I question that again. And is TNC drilling for someone else or are they just picking up a job that Treaty drilling couldn't complete. I'm very confused because if thats the case then W. Texas means nothing to us. TNC which we don't own is drilling for a company that we don't own. Just trying to get my head on straight and try to get excited again.
