http://www.marketwatch.com/story/treaty-energy-cor

http://www.marketwatch.com/story/treaty-energ...2012-07-18

Treaty expects its revenue from the sale of the gas, at 822 MCF level of production, will be about $1,725 per day, or $51,750 per month, net after royalties.

Treaty is expecting its revenue from the sale of oil from this well, at 192 BOPD level of production, will be about $14,616 per day, or $438,000 per month, net after royalties.

The Madeley F 1H lateral, which is now drilled only 16 ft, gets drilled out to 1,000 ft or more. Oil and gas production from this well will likely rise significantly.

Mr. Reid added, "While Treaty has about fifty four (54) wells schedule to be drilled on its Texas leases, we are very pleased with the initial revenues that will be coming into the Company from the Madeley F 1H well. With initial revenues of about $438,000 per month from oil and another $51,750 expected from natural gas sales from this one well alone, Treaty is projecting that its 3rd quarter results will show us having turned the corner to profitable operations."