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.
(0)
(0)
Treaty Energy Corporation (TECO) Stock Research Links
NACON Reports Strong Sales Growth for Q2 2024NACON has announced impressive financial results indicating a strong performance in the second quarter of its fiscal year 2024/25, reaching €44.7 million in sales. This marks an extraordinary increase of 38.5% compared with the same period last year, showcasing the company's growing momentum in the gaming industry.Consolidated Sales OverviewThe consolidated sales figures for the first half of the financial year demonstrate ... Continue Reading
StoneX Expands Its Operations in IndiaStoneX Group Inc., a prominent player listed on Nasdaq, has recently announced exciting developments in its India operations. The company has opened new offices in Pune and Bengaluru, boasting a total of 800 seating capacities. This expansion is a strategic move as it aims to tap into the rich talent pool available in India, thereby enhancing its services and operations in the region.Growth Since 2019Since launching its Global Cap... Continue Reading
Bigben Interactive Achieves Remarkable Sales GrowthBigben Interactive has recently disclosed its strong sales performance for the second quarter of the 2024/25 financial year, marking a noteworthy milestone in the company’s growth journey. The company's sales soared to €78.0 million, representing an impressive increase of 20.8% compared to the previous year. This growth trajectory signifies a promising trend for the company as it continues to expand its market presence.Strong... Continue Reading
Empowering Women in STEM: A Transformative Networking OpportunityOn November 12, a groundbreaking event titled "Connecting Our Talents; Women in STEM" will take place, bringing together female STEM students from various educational institutions. This event aims to highlight emerging talents and connect them with industry professionals, creating an invaluable network for the future.Creating Meaningful ConnectionsHosted by Women in Science Demonstrating Outstanding Meri... Continue Reading
Discover Financial's Remarkable Growth Journey
Discover Financial (NYSE: DFS) has significantly outperformed the market over the past 15 years, providing investors with a fantastic opportunity for wealth accumulation. The company's annualized return stands at an impressive 17.18%, yielding a notable excess of 5.06% above the average market performance. As of the latest evaluations, Discover Financial boasts a market capitalization of approximately $37.43 billion, highlighting its sub... Continue Reading
Understanding Aflac's Stock Performance
Aflac (NYSE: AFL) has consistently proven to be a strong investment choice over the past five years. This insurance giant has outperformed the market, offering an average annual return of 15.41%, which surpasses the overall market by 1.71% annually. With a market capitalization of approximately $61.49 billion, Aflac maintains a robust position in its industry.
The Impact of Compounding Returns
How $100 Investment Grows
... Continue Reading
StoneX Expands Presence in IndiaStoneX Group Inc., a noteworthy player in the global financial services sector, is taking significant steps to broaden its operations in India. Recently, the company announced the opening of new offices in Pune and Bengaluru, significantly increasing its operational capacity. With a combined seating capacity of 800, this expansion is part of StoneX's strategic plan to capitalize on India's abundant talent pool.Growth Journey Since 2019S... Continue Reading
Understanding Citigroup Inc's Current Stock Performance
Citigroup Inc. has been making headlines due to its recent stock performance. Currently, the stock is valued at $64.11, reflecting a notable increase of 3.81% in today’s trading session. Over the past month, Citigroup's stock has risen by 3.72%, showcasing a robust upward trend. Looking back over the last year, the growth is even more impressive at 62.35%. This performance bolsters confidence among long-term shareholders.
... Continue Reading
Understanding Short Interest for Hartford Financial Services
Hartford Financial Services Group (NYSE: HIG) has recently reported a decrease of 3.03% in its short percent of float. Currently, there are approximately 3.25 million shares sold short, which constitutes about 1.28% of all regular shares available for trading. Given the current trading volume, it is estimated that it would take around 2.32 days to cover these short ... Continue Reading
Market Overview of CareTrust REIT
CareTrust REIT has recently seen a notable drop in its short percent of float, now standing at 24.93% less than in prior reports. As investors review the latest figures, they will find that the company currently has 3.10 million shares sold short, which reflects a mere 2.74% of the available trading shares. With the current trading volume, it's estimated that traders would need about 2.0 days to cover their short pos... Continue Reading