Treaty Energy Corp (TECO)

Treaty Energy Corp formerly known as Alternate Energy Corp., was incorporated as COI Solutions, Inc. in the State of Nevada in August 1, 1997. In December, 2008, the Company merged with Treaty Petroleum, Inc., a Texas Corporation as a reverse merger. The Company focuses on operating, developing and increasing the production of its oil wells on those leases and acquiring additional working interests in oil and gas properties. It is a crude oil and natural gas producing company. The Company faces competition from other oil and natural gas companies in all aspects of its business, including acquisition of producing properties, oil and natural gas leases. Its operations are subject to different types of regulation at the federal, state and local levels; this regulation includes requiring permits for drilling wells, maintaining bonding requirements in order to drill or operate wells and regulating the location of wells, the method of drilling and casing of wells.