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  4. Treaty Energy Corporation (TECO) Message Board

Just got off the phone with Sean. For starters, I

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Post# of 39368
Posted On: 03/18/2013 1:59:36 PM
Posted By: arstegall

Just got off the phone with Sean. For starters, I want to thank him again for his time speaking with me. The Brown well should be finished being completed on Wednesday. We will then test the well and if everything goes as planned then we will apply for more permits. This makes good sense to me. The reason for the delay in completing the Brown well was that the completion rig that TECO hired had to have some inspections. These kind of thing do happen in the oil field. So we are getting better. Now for the Mitchel and Pistol. It was not a terrain issue like Sean said, he said he misspoke. They are looking at weather or not we need such a big rig for this well. They don't want to tie up the large #7 rig if it is not needed so they can utilize it in another location if needed. Now for the end of March predictions. We have about a 35 to 40% chance of meeting the stated goal of 80 to 100bbls. This all depends on the Mitchel wells. If we are not there by the end of March we will be there by mid April. He said by the end of the first week of April but I am giving to the middle. So, we should be there "SOON". LOL



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