NEW ORLEANS, July 27, 2011 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today reported the Drilling Rig and support equipment have arrived in the port of entry in Belize.
Stephen L. York, President and COO of Treaty Energy Corporation, stated, "All the equipment shipped by sea last week has arrived safely at the port of entry in Belize and we have arranged for our toolpusher/rig manager and drilling supervisor, W D Harden to arrive in Belize and be on site to supervise the un-loading and reassembly of the rig."
Mr. York added, "In addition to reassembling the rig Mr. Harden and Treaty Belize Energy employees will be coordinating services with third party companies related to the drilling of our initial well sites and securing all our equipment to their proper locations. Today Treaty Energy has moved one step closer to implementing our drilling program to extract commercial grade quantities of oil in Belize."
In summary, the equipment in this shipment to Belize by sea out of Mobile, Alabama included the following: Drilling Rig, Bulldozer, Backhoe, Fuel Truck, and 28 foot Flat Bed Truck.
About Treaty Energy Corporation
Treaty is engaged in the acquisition, development and production of oil and natural gas. Treaty acquires and develops oil and gas leases which have "proven but undeveloped reserves" at the time of acquisition. These properties are not strategic to large exploration-oriented oil and gas companies. This strategy allows Treaty to develop and produce oil and natural gas with tremendously decreased risk, cost and time involved in traditional exploration. For more information go to: www.treatyenergy.com
Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, raising working capital and securing other financing; responding to competition and rapidly changing technology; and other risks. These risks are detailed in the Company's filings with the Securities and Exchange Commission, including Forms 10-KSB, 10-QSB and 8-K. Actual results may differ materially from such forward-looking statements.
SOURCE Treaty Energy Corporation