Good Morning Fellow Treaty Shareholders.
Treaty operations are moving forward at a blistering pace. Never before has moved so quickly and efficiently. We are witnessing a new TECO emerge. Mitchell #3 will be online as early as tomorrow with Mitchell #4 expected to come online next week. Treaty is becoming highly pro-active in it's quest to increase production.
It's my firm belief Treaty will be CFP in West Texas, by the end of Q2 this year. Expenses in West Texas have been cut to the bare bones, necessary prudent steps have taken to insure timely and cost effective growth. The kind of growth that leaps production exponentially.
On deck is the Standard Lease......
http://www.youtube.com/watch?v=5adU4C11UUg
Normally I wouldn't be too excited by just a simple work over. But, in this case the possibility exists to garner some real production with just a minimal investment. Target, Grey Sandstone, 4500 to 4650( via drilling ). Well #2 on the Standard is just a few hundred feet from Mitchell #3. Watch the video closely, I can't find any water in the sample....
http://www.youtube.com/watch?v=XzCi4yc2u1U
Joining the fraudulent BK petition will likely cost every involved at least 100k, to possibly 500k and beyond.
Here's why....
First of all, they have no attorney of record. Second, they have not served process. They are playing games with the legal system in Federal Court. Total cost to them has been 300 bucks.
You want 2-3 million dollars and you can't afford an attorney, you can't afford to serve process, and you don't show up to serve process yourself to a building just 3 blocks away.
You time this BK filing to coincide with an oil find and then you leave the petition hanging in limbo by not serving process (120 day time limit).
You do this to a public company with thousands of shareholders.
This is not only Bad Faith, it's malicious.
Nobody has mentioned the malice aspect... You see when this was filed it was the day of the oil.... The filing we surely timed. A federal judge will surely know that. Now you have the process serving not being done. A public company with a BK filing looming and they won't pay for the service or serve it themselves. This is an act of malice in and of itself. The judge will see it.... This is so blatant that if they show up in court, the judge will surely give them the business.
malice n. a conscious, intentional wrongdoing either of a civil wrong like libel (false written statement about another) or a criminal act like assault or murder, with the intention of doing harm to the victim. This intention includes ill-will, hatred, or total disregard for the other's well-being. Often the mean nature of the act itself implies malice, without the party saying "I did it because I was mad at him, and I hated him," which would be express malice. Malice is an element in first degree murder. In a lawsuit for defamation (libel and slander) the existence of malice may increase the judgment to include general damages. Proof of malice is absolutely necessary for a "public figure" to win a lawsuit for defamation.
When you have malice, it brings this into play.....
Monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer.
Punitive damages , also known as exemplary damages, may be awarded by the trier of fact (a jury or a judge, if a jury trial was waived) in addition to actual damages, which compensate a plaintiff for the losses suffered due to the harm caused by the defendant. Punitive damages are a way of punishing the defendant in a civil lawsuit and are based on the theory that the interests of society and the individual harmed can be met by imposing additional damages on the defendant. Since the 1970s, punitive damages have been criticized by U.S. business and insurance groups which allege that exorbitant punitive damage awards have driven up the cost of doing business.
Punitive damages have been characterized as "quasi-criminal" because they stand halfway between the criminal and Civil Law . Though they are awarded to a plaintiff in a private civil lawsuit, they are noncompensatory and in the nature of a criminal fine.
Standard #2
