Request Deletion Review
Post# of 39368
Posted On: 09/12/2013 12:43:33 PM
Request Deletion Review
Post Date: 9/11/2013 8:44:11 AM in reply to 91893689 by againstallodds
Board: Treaty Energy Corp Reason: Spam
So in essence you are knowingly and willfully misleading investors into believing there is a stock promotion ongoing paid for by shares.
Your misleading begs many questions such what other misleading statements are you propagating? I suppose we had better start with no oil and go on from there.
Belize (Treaty Belize Energy, Ltd):
San Juan #3
For the last three weeks Treaty Belize Energy, Ltd. (TBE) has been performing well completion operations and is still on going. TBE engineers consulted with BNE and found that San Juan #3 shares similar structures to that of the first BNE well found in the northern regions of Belize. Originally, TBE was notified by the government of Belize that there had never been any water found in the Colban region. However, this information was not accurate as the first BNE well experienced the same concerns as SJ#3.
TBE perforated the well two weeks ago and performed swabbing activities. However, using the BNE knowledge, TBE has decided to perforate the area a second time in order to further open the fracture to increase possible production potential. In order to do so, the packer had to be removed from the well bore. However, due the pressure in the well, the packer remained in place. To remove it, a specialty collar is needed. TBE has requested and ordered a new drilling collar to Belize. The collar is currently en route.
The Company had a voluntary completion date set at August 31, 2013, which it revised last week. Many shareholders thought that this date meant that we would know officially regarding the success or failure of the well on this date, which was an incorrect interpretation of the situation. The well would still require the support of the Government of Belize on it before a commercial find can be determined. The Company has informed the Government that it did not meet the voluntary date due to the re-perforation efforts and is awaiting the specialty collar to arrive in Belize before adjusting its completion deadline.
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Post Date: 9/11/2013 8:44:11 AM in reply to 91893689 by againstallodds
Board: Treaty Energy Corp Reason: Spam
So in essence you are knowingly and willfully misleading investors into believing there is a stock promotion ongoing paid for by shares.
Your misleading begs many questions such what other misleading statements are you propagating? I suppose we had better start with no oil and go on from there.
Belize (Treaty Belize Energy, Ltd):
San Juan #3
For the last three weeks Treaty Belize Energy, Ltd. (TBE) has been performing well completion operations and is still on going. TBE engineers consulted with BNE and found that San Juan #3 shares similar structures to that of the first BNE well found in the northern regions of Belize. Originally, TBE was notified by the government of Belize that there had never been any water found in the Colban region. However, this information was not accurate as the first BNE well experienced the same concerns as SJ#3.
TBE perforated the well two weeks ago and performed swabbing activities. However, using the BNE knowledge, TBE has decided to perforate the area a second time in order to further open the fracture to increase possible production potential. In order to do so, the packer had to be removed from the well bore. However, due the pressure in the well, the packer remained in place. To remove it, a specialty collar is needed. TBE has requested and ordered a new drilling collar to Belize. The collar is currently en route.
The Company had a voluntary completion date set at August 31, 2013, which it revised last week. Many shareholders thought that this date meant that we would know officially regarding the success or failure of the well on this date, which was an incorrect interpretation of the situation. The well would still require the support of the Government of Belize on it before a commercial find can be determined. The Company has informed the Government that it did not meet the voluntary date due to the re-perforation efforts and is awaiting the specialty collar to arrive in Belize before adjusting its completion deadline.
Source - Read More:
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