Treaty Energy Corporation Concludes Acquisition of Producing Oil & Gas Lease in West Texas

ABILENE, TX, Jul 30 (MARKET WIRE) --
Treaty Energy Corporation (OTCBB: TECO) is pleased to announce the
completion of the acquisition of the VAGO #1 Project, a new producing oil
and gas lease in West Texas, that was announced as an LOI on January 9,
2009.

Finalization of the purchase took far longer than expected, but Treaty
management is very excited about moving forward on this project
immediately. The VAGO project property is a 212 acre site that lies within
an older natural gas storage unit. It includes two productive well bores.
The first well bore will require a fishing job to remove certain equipment
that was dropped in the well prior to being returned to production. Upon
return to production, it is expected to produce 90 to 180 barrels of oil
per month.

The other well bore will resume production following a pump change, and is
expected to produce 150 to 210 barrels of oil per month.

The Company indicated that observations and study during the first 30 to
60 days after repairs are made and production resumed will be made to
allow for changes toward enhancing the production potential of these
existing wells. At present the wells are selling only crude oil, but it
is the Company's goal to make sales of natural gas from this project in
the near future.

In addition to the existing well bores there are two step out development
drilling sites that need to be drilled. These wells could produce 30 to 40
barrels of oil per day and associated natural gas of 100 to 500 mcf.

Treaty Energy will update on production from this exciting new opportunity
as information comes available.

About Treaty Energy Corporation

Treaty is engaged in the acquisition, development and production of oil
and natural gas, primarily in the West Texas Permian Basin. Treaty
acquires and develops petroleum productive properties, many of which have
"proven but undeveloped reserves" at the time of acquisition, that are
economically beneficial and fit well into Treaty's program, but not
strategic to large exploration-oriented oil and gas companies. This
strategy provides Treaty with the proven assets to develop and produce
oil and natural gas with tremendously decreased risk, cost and time
involved in traditional exploration. Treaty's headquarters are located in
Abilene, Texas. For more information go to: www.treatyenergy.com

Forward-Looking Statements:

Statements herein express management's beliefs and expectations regarding
future performance and are forward-looking and involve risks and
uncertainties, including, but not limited to, raising working capital and
securing other financing; responding to competition and rapidly changing
technology; and other risks. These risks are detailed in the Company's
filings with the Securities and Exchange Commission, including Forms SB-2,
10-KSB, 10-QSB and 8-K. Actual results may differ materially from such
forward-looking statements.

Contact:
Investor Relations
Tel: 732-292-0982
Fax: 732-528-9065
investors@treatyenergy.com

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