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  4. Treaty Energy Corporation (TECO) Message Board

Listen Up!  As all of you posters know by now, Tr

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Post# of 39368
Posted On: 07/05/2013 3:50:34 PM
Posted By: blindinvestor

Listen Up!  As all of you posters know by now, Treaty has been working diligently on the SJ#3 in Belize.  In lieu of losing circulation, deft measures have been taken to help insure that they do not lose this well when cementing.  If you recall, they were scheduled to cement by the last of this week.  Now, if all went well, and work continues, that just might mean that the cementing job went well and was professionally completed.  And if that's the case, then we could hear news on the SJ#3 next week, and keep this in mind;  would a company with limited capital continue to perform these operations without some knowledge of having an opportunity for a successful oil well?  In my opinion, I would hope they wouldn't continue with those expenses.  This one is different from the SJ#1 and SJ#2 in that those wells were captialized, the SJ#3 required the company to piece the funding from different sources.  Therefore, I'm thinking these guys have something in Belize.  And next week is just two more days away.  Get Ready!



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