October 22, 2009 (FinancialWire) — Treaty Energy Corp. (OTCBB: TECO) has named Joe Grace as president, chief operating officer, and a director of the company.

Grace started his career at Gulf Oil. After Gulf, he worked for 15 years in banking beginning with Texas Commerce Bancshares, followed by ten years of private company ownership, and three years of public company leadership.

Houston, Texas-based Treaty Energy is engaged in the acquisition, development and production of oil and natural gas. Treaty acquires and develops oil and gas leases which have “proven but undeveloped reserves” at the time of acquisition.

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