SOURCE: Treaty Energy Corporation

December 22, 2010 09:52 ET

Treaty Energy Posts Kansas Project Information to Website for Shareholder and Investor Review

Company Shows Details to Support the $9 Million Lender Commitment to Fund the Kansas Oil and Gas Project -- Posted Information Details Funding Assumptions, Economic Analysis of Drilling Program, and Much More -- Kansas Project to Produce More Than 2,600,000 Barrels of Oil and $84 Million in Positive Cash Flow

HOUSTON, TX--(Marketwire - December 22, 2010) - Treaty Energy Corporation (OTCBB: TECO) today announced it has posted an extensive package of analytical information to its Website at www.treatyenergy.com. This multiple-page set of information was prepared to support the $9 million in funding for the purchase of the Kansas-based Town Oil Company, Inc. leases, with the closing to occur within 60 days. 

Interested parties can go to the Treaty Energy website and go to the "Projects" page at www.treatyenergy.com/flashsite/index-3 and click on the word headings "Kansas," "Kansas Rework Plan" and "Plan of Action" to view in Excel format such information as "Assumptions," "Economic Analysis of Drilling Program," "Analysis of Town Oil Cash Flows" and much more. The analysis shows that Treaty will have already repaid the $6 Million purchase price to the lender by the end of 2012, and that the company is expecting to produce in excess of 2,600,000 barrels of oil over the first 10 years of the project. All of the financial information provided is based on crude oil at $80 per barrel.

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

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

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