SOURCE: Treaty Energy Corporation

November 13, 2009 09:45 ET

Treaty Energy to Close on Two Oil and Gas Acquisitions

Company to Close on Tennessee and Louisiana Lease Properties

HOUSTON, TX--(Marketwire - November 13, 2009) - Treaty Energy Corporation (OTCBB: TECO), a growth-oriented energy company in the oil and gas industry, announced today that it is acquiring a 70% net working interest in an oil and gas lease in Morgan County, Tennessee. This lease interest is being acquired at a purchase price of $260,000 from Green Light Energy LLC with whom the company has several other projects moving toward completion.

This new lease has four (4) wells that are currently being re-entered after several months of being shut in. Production is projected to be 8 to 10 bbl per day per well. The seller is guaranteeing Treaty Energy a minimum of 4 bbl per day per well net for 12 months from the time the wells are fully reworked.

The lender for this acquisition and the planned Converse, Louisiana acquisition that was announced on October 29, 2009, is Midwest Capital Investments LLC. The financial arrangements are essentially the same for both transactions and were arranged by Dan Olson, Treaty Energy's newest board member.

Both of these acquisitions are in legal for the finalization of documents and will close together at Treaty Energy headquarters in Houston during the week of November 16, 2009.

In other news, all due diligence has been satisfactorily completed on the Kansas-based oil and gas acquisition that was announced on October 8, 2009. The closing is currently on schedule and expected to occur in mid to late December 2009.

About Treaty Energy Corporation

Treaty Energy (TECO) is engaged in the acquisition, development and production of oil and natural gas. TECO 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 TECO to develop and produce oil and natural gas with tremendously decreased risk, cost and time involved in traditional exploration. TECO's headquarters are located in Houston, Texas. For more information, please visit our website at:

Forward-Looking Statements:

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 SB-2, 10-KSB, 10-QSB and 8-K. Actual results may differ materially from such forward-looking statements.

Contact Information

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