Well, I did it. I did a heavy sanding and worked my way down to steel wool. I then oiled. I was wrong in my original post. This table is 14 years old and has had very heavy use. After sanding and oiling it is absolutely beautiful. I know they next time the kids sit a water glass on it I will have another ring but right now I am really enjoying it. If you ever find out any type of protectorant I can use on teak that has been oiled let me know.