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  4. Treaty Energy Corporation (TECO) Message Board

http://www.youtube.com/watch?v=dv3uEGWsJhY I

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Post# of 39368
Posted On: 03/21/2013 11:55:51 AM
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Posted By: Oilfield Trash

http://www.youtube.com/watch?v=dv3uEGWsJhY



I've been digging through my sent folder for the last hour trying to find your email address so I could respond. The simple answer to Louisiana is "No." Northern Louisiana hasn't been abandoned. We've been focusing on increasing production in Texas, but we have recently begun discussions to work on Louisiana. There's not too much I can say because its all really preliminary at the moment, but I know there have been discussions about it recently now that production is up and Brown/Mitchell will be up and coming.



With regards to the math, I'll advise you to go back to the Q&A as the GNA costs were explained. I explained in the presentation that actual operating expenses at TECO is approximately 500k annually. It's no where near as high as its reported, but the GAAP puts our stock losses in GNA. In addition to which, a lot of TECO's operations are covered by contracted employees which means that the operating costs you estimated aren't accurate for the company's operations.




Also, its always best to email me, I'm proactive, but not THAT proactive!





Sean Douglass
Investor Relations
Tel: 504-754-6927
investors@treatyenergy.com




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