Treaty Energy Corporation has re-entered, and re-drilled the San Juan #2 well in Belize to a depth of 1,440 feet. This well was originally drilled in January 2012.
Max Mohamed, Treaty's Director of Operations in Belize, stated, "We are pleased to report the results of our efforts to re-drill the San Juan #2 well which we completed on Thursday of last week. Thanks to the affirmative results obtained we are now authorized to lower and cement casing."
Mr. Mohamed added, "The Belize Geology and Petroleum Department is fully informed of our progress on the San Juan #2 well and has authorized us to proceed with casing, cementing and closed hole wireline logging of this well. In addition, Treaty has permission to move the Schramm Rig to the next drilling location and to drill our second exploratory well in Belize."
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