Here is an email I sent to IR this morning. I
Post# of 39368
Posted On: 03/18/2013 10:37:21 AM
Here is an email I sent to IR this morning. I know that there has been some discussion about this here and over on IFLUB. Decided to go to the source.
Got a response a few minutes ago. Here 'tis. My email is in red. response is below it.
Hello,
I believe that TECO is on the verge of a turnaround, and have called the company several times and spoken to Lee Schlesinger, Andrew Reid, Mike Mulshine and most recently to Sean Douglass last week. That being said, I have a question about the TRRC compliance issues that TECO has. I am extremely hopeful that these are being addressed, or will be addressed, and hopefully as quickly as possible. It it my understanding that they need to be taken care of before the beginning of May. Please let me know if there is a plan in place to take care of these situations, and any timelines that you can pass on regarding these issues. I have a fairly large chunk of money invested in TECO and as I said earlier I believe that we are turning the corner, but this is a major concern of mine and others I know that are heavily invested also. Thank you!
Dan,
Simple answer, you have no reason to worry. The issues have been resolved internally. We've been informing investors of this since mid-February. We're just waiting for the paperwork to be pushed through the bureaucratic channels at this point and for our well inventory to update.
It's been causing us a headache, but I've been told that it should be resolved finally this week. I'll get in contact with our field operations and the TRRC to see if it has been pushed up the queue at all so we can put all this to rest for our shareholders.
Sean Douglass
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