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  4. Treaty Energy Corporation (TECO) Message Board

Actually DTL, BNE who had some $50,000,000 capital

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Post# of 39368
Posted On: 08/27/2013 4:12:09 PM
Posted By: blindinvestor
Re: DTL #19604
Actually DTL, BNE who had some $50,000,000 capital for their drilling program encountered the same problem like Treaty has as I mentioned, and had the same completion difficulties.  So, it just happens sometimes when mother nature causes consternation in trying to tame her.  From guys who I know in the oil patch, a really good completion guy is worth a lot to a company.  And your point of training on the fly is well taken.  But after all, we are all learning on the fly with a penny stock.  Not too many BB companies have the expertise of the multi-billion dollar biggies.  If you find one that does, normally that company will become a successful investment as experience and success many times go hand in hand, and success tends to breed success.  Right now, let's just hope SJ#3 can be successfully perfed again and oil will begin showing, and who knows, possibly a successful Belize well for Treaty.  Which brings to mind, if there were positive tests in the SJ#3 for oil, we already know that the SJ#2 also had a positive test.  Wonder if they could go back and check and retest there?  Personally I don't think it would hurt to recheck that well with another test if the SJ#3 does in fact come in as then the test would have been confirmed for sure.  Hhmmm.  This could be interesting.  Yeah, I know.  I'm thinking out of the box and typing at the same time.  Now that means two things.  One, I'm thinking too hard.  Second, by typing so much my beer is getting hot, and that's a no, no.  Later.....


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