This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Treaty Energy Corporation Appoints General Counsel

Stocks in this article: TECO

NEW ORLEANS, May 12, 2014 /PRNewswire/ -- Treaty Energy Corporation (OTCQB: TECO) (, a growth-oriented international energy company, today announced Andrew L. Kramer of New Orleans has been appointed Vice President, General Counsel, and Corporate Secretary, with the initial task of heading a search committee to recruit six new members for the Board of Directors that will report to Chris D. Tesarski, Executive Chairman.

Treaty Energy Corporation logo

Chris D. Tesarski, Executive Chairman of Treaty Energy, is pleased to announce the addition of attorney Andrew L. Kramer, Esq. as General Counsel of Treaty Energy.  A New Orleans commercial litigator, Mr. Kramer has extensive experience in both legal and business matters.

On the appointment, Mr. Tesarski stated, "The first order of business for Treaty Energy's new General Counsel will be to head up a search committee to identify and recruit up to six new directors for what will be a seven member board."

Members of this board will have levels of board and business experience as generally called out as follows:

  1. One proposed new director should have a minimum of 20 years of legal experience, with 10 of those years dedicated to handling legal matters pertaining to oil and gas contracts and transactions.
  2. One proposed new director should have at least 10 years of experience managing and dealing with SEC and other regulatory authorities for publicly traded oil and gas companies.
  3. One proposed new director will ideally have 8 to 10 years of experience in overseeing the acquisition and/or merger of oil and gas companies and leases.
  4. One proposed new director should be fully conversant with regard to environmental matters at the state and federal level that might impact the Company's business.
  5. Treaty Energy will seek to recruit the final two directors from among its current shareholders.  These directors should possess both the business acumen and desire necessary to help lead Treaty Energy to a much stronger and robust presence in the oil and gas industry.  These final two directors ideally will have either an engineering and/or business background in the oil and gas industry.

Mr. Kramer will oversee and coordinate all legal matters related to Treaty Energy.  Management, while committed to a positive new direction for Treaty Energy, also places a high priority on Mr. Kramer, on behalf of the company's shareholders, to vigorously defend Treaty Energy against the systematic, willful and deliberate erosion of shareholder value by individuals and organizations whose sole purpose has been to do so. Mr. Kramer will pursue all avenues available to Treaty Energy to ensure that these actions will not continue unabated.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,649.96 +293.09 1.69%
S&P 500 2,044.70 +31.81 1.58%
NASDAQ 4,726.1110 +81.7990 1.76%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs