panther2, below is the exact statement from the la

panther2, below is the exact statement from the last newsletter dated 8/26.  This packet will contain a "general operating packet" containing a "plan of operations"  but that statement is listed under the Stockton Lease heading.  I hope I'm wrong but I assume the information will only be about how the Stockton lease and it's wells "might"  provide an expected quantity of BPD which I will take with a grain of salt.  The information will probably speak to how the Stockton lease will enable them to generate additional BPD and revenue over 6-12 months.  I hope the information includes where this additional revenue will be used with the possibility of enough revenue from the Stockton to purchase additional Texas leases.  I question if the packet will discuss how they plan to pay for Stockton operations or maybe they have raised capitol or they truly expect SJ no. 3 to be successful.  I assume some of the revenue if not all will come from the 28% of Mitchell 3 and 4.  Mitchell no. 1 required a new pump and maybe we hear the pump was completed in Tuesday's newsletter. Zero revenue from Mitchell no. 1 yet.   Again; I hope I'm wrong but given TECO's track record I doubt the Mitchell 1 pump was completed by their self-imposed deadline of Thursday.  Time will tell how all this pans out.   Unlike other members on this board my rose colored glasses were smashed long ago.  Whatever TECO has planned;  they need capitol and a talented drilling team and a talented completion team to execute the plan. GLTA!    
Stockton Lease (Texas):
As previously stated, the Company is in the process of acquiring the Stockton #1 lease. As of Monday, August 26, 2013, the Company has paid approximately $42,000 and is scheduled to pay the remaining balance on the well by the end of this week. Once fully purchased, the Company will be releasing a general operating packet that will contain the Company’s plan of operations over the next 6-12 months.