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Treaty Energy Corporation, a growth-oriented energy company in the oil and gas industry, today announced the signing of a service contract between the Company and Radar Satellite Solutions (“RSS” or “Contractor”) on July 20, 2010.
This contract with RSS covers remote sensing and exploratory services in the country of Belize. RSS will provide services to Treaty in regards to the joint venture for developing oil production from the 200,000 acre onshore portion of the concession held by Princess Petroleum Limited. Under the leadership of the Treaty group as the operator of the concession, the Contractor will provide scientific oversight to survey and provide drilling technology on the concession in accordance with the proprietary technology of RSS. The RSS crew expected to arrive in Belize on Monday, September 13, 2010.