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  4. Treaty Energy Corporation (TECO) Message Board

First time I've been encouraged in while.  Let's

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Post# of 39368
Posted On: 09/29/2013 9:30:45 PM
Posted By: DTL
Re: arstegall #20385
First time I've been encouraged in while.  Let's see if the drilling continues .  Bull mentioned in an earlier post that TECO has accumulated the funding for back to back drills and permits are in process for the next well or well(s) after these two.  With enough BPD future drill programs should be paid for by the success of their predecessor's and without more dilution and or outside funding.  At that point TECO and shareholders should be off to the races.  Then we have Belize and/or some other near term milestone that others are hinting towards.  In a recent newsletter TECO mentioned a consultant from BNE helped them with decisions on how to remove the stuck SJ3 packer. Hmmmm!  What other talks might be in the works with BNE?  I thought I read that BNE can't drill anymore wells in Belize but have much expertise and equipment.  TECO has numerous acreage to drill on and years of drilling ahead of them.  Let's give BNE a share of the proceeds and merge?  That would be HUGE in my opinion but I could be way off the mark on that theory.  Nobody has told me anything but this is all guess work on my part.


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