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  4. Treaty Energy Corporation (TECO) Message Board

Realistically can Treaty afford to keep drilling f

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Post# of 39368
Posted On: 09/14/2013 11:54:51 AM
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Posted By: Oilfield Trash
Re: DTL #20055
Realistically can Treaty afford to keep drilling failures in Belize?  How many years can they spend millions and make a few hundred grand?  The numbers aren't coming out because they are going to scare the chit out of everyone.  On paper W. Texas is producing nothing because it hasn't been proven.  Now I think Bull is reporting the truth so obviously we have been producing but nothing has come out proving what kind of money we are making on it.  I know I know I better get ready but I been hearing how great this year would be especially Q3 but we have no clue how much money we have made all year.  I want to see spending because they said that 5 million was a 1 time deal.  So if they are still spending money like they are printing it then it doesn't matter how much oil we have.  But I'm sure you guys are smart enough to think about that.


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