Treaty Energy Corp. (Treaty), formerly Alternate Energy Corp., is in the business of acquiring oil and gas properties with production capabilities and reserves. Treaty owns a 743 acre leasehold in an established oil and gas field. It contains 116 productive acres. It owns a 100% working interest and 68% revenue interest in two oil leases in Crockett County, Texas containing four oil wells and one water disposal well. 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.