Treaty Energy Snaps Up 5 O&G Leases
Treaty Energy concluded the acquisition of five oil and gas leases in Tennessee on April 13, 2010. The leases encompass 246 acres and include two shut in wells that will be re-entered and 25 new drilling locations.
The leases are: Byron Hill #1, H. Groce #1, H. Groce #2, Coleman Crouch #4, and Wilburn Hill.
The purchase decision was based on the geological reports provided by a highly respected Tennessee licensed geologist.