Trivello Energy Receives Approval for Lucy License Extension
14 August 2008 - 10:37PM
Marketwired Canada
Trivello Energy Corp. ("Trivello" or the "Company") (TSX VENTURE:TRV) is pleased
to announce that the B.C. Oil and Gas Commission ("OGC") approved an application
for an extension to test the Muskwa shale gas potential on its Lucy Property
located in the Horn River region of northern British Columbia.
Based on previously announced lab results from the well cuttings and the
previously released prospective resource report, Trivello and the Operator for
the Lucy Property will be moving forward with plans for a work program during
the upcoming drilling season. The objective will be to further test and validate
the overall reserves in the area by conducting a vertical frac treatment
program. Upon receiving favorable results, the well will be tied in to a nearby
pipeline. This test and development program could be one of the first Horn River
Basin Projects in this area to be put on commercial production and would begin
to validate the overall reserves in the area.
The Lucy property should become one of Trivello's major assets for production or
disposition in the near term.
To learn more about Trivello's Lucy Property and current producing properties in
Alberta, please visit www.trivello.com. To receive a complete Investor Relations
Package please email info@trivello.com with "IR Package" in the subject line. To
speak directly to a Company representative call 1(604) 687-3113, or toll free at
1(888) 687-3113.
On behalf on the Board of Directors:
Arndt Roehlig, President
Trivello Energy Inc. (TSXV:TRV)
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