SOURCE: Treaty Energy Corporation

March 17, 2010 11:46 ET

Treaty Energy Announces New President

Andrew Reid, Treaty's New President, COO and Director, Replaces Joe Grace Who Resigned for Health Reasons

HOUSTON, TX--(Marketwire - March 17, 2010) - Treaty Energy Corporation (OTCBB: TECO), a growth-oriented energy company in the oil and gas industry, today announced that Andrew Reid has been elected President, Chief Operating Officer, and a Director of the Company effective immediately. 

Andrew Reid has more than 20 years of corporate finance and management experience. In 2006 Mr. Reid started NOLA Commercial Finance Inc., a commercial finance company. During the past 4 years he has focused on helping small regional Oil & Gas companies with debt and equity funding. He has helped fund in excess of $50 million for various types of income producing properties.

In 1998 Mr. Reid started his own investment firm where he focused on the Oil & Gas Industry. In 2004 he sold the business to spend more time with family, but continued to do consulting work.

Mr. Reid grew up in the Houston, Texas and went on to attend St. Edwards University and the University of Texas in Austin. After college, he joined the GMS Group LLC in Houston, a small boutique investment firm his father helped found. There Mr. Reid specialized in municipal and corporate debt finance, mergers, and restructurings.

Randall Newton, Chairman and CEO of Treaty Energy Corporation, stated, "I am very pleased that Andrew Reid has agreed to join our company as President, COO and a Director. Andrew has a strong understanding of the financial side of this business and a fundamental understanding of the Oil & Gas sector that the future of Treaty Energy is totally focused on." 

Mr. Newton stated further, "As Treaty Energy grows, Andrew's skills in financing and managing growth will be major contributors to our success as an emerging player in the energy industry."

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. Treaty's headquarters is located in Houston, Texas. For more information go to: www.treatyenergy.com

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.

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