Trivello Mission
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Trivello Energy Corp is a junior oil and gas extraction and development company focused on Shale Gas in Northern British Columbia, and conventional oil and gas in Alberta through its wholly owned subsidiary, DevExco Resources Ltd.
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Operations
Located in Northeastern BC - 50 km east of Fort Nelson. The Lucy Property is strategically located near the Horn River Basin, which has attracted a lot of attention recently. The Horn River Basin, much like the near Lucy Property, hosts the Muskwa Gas Shale Formation. This Muskwa Formation ranges between 15 meters (50 feet) to 75 meters (250 feet). Trivello’s lands are over 60 meters (200 feet) in thickness on three sections of land (square miles) and are situated adjacent and nearby several pipeline connection possibilities. TRV has participated in two wells drilled and cased so far on this property and was once drilled by a major oil company in 1989. In all three occasions, the Muskwa Shales were encountered. Since this Shale Gas is classified as unconventional gas, the British Columbia Government is proposing a reduced royalty structure to induce exploration activity in the area. A British Columbia (BC) study on the Muskwa Gas has resulted in “Total Organic Content” (TOC) of the shales to average 3.1% with peaks of 5.9%. Trivello’s shale cuttings samples collected from the drilling of the test well was screened, crushed and analyzed for rock pyrolysis to determine the maturity of the organics. The results are above average, with the total organic compounds (TOC) for the gas test well in the Muskwa being valued at 3.68 per cent average, with peaks of 5.7 per cent. With theses optimistic preliminary results, the Company and its Joint Venture Partners are continuing to further this Prospect to a potential completion Program for the existing drilled wells.
Located 75 km northwest of Edmonton, AB, operations include 3+ Oil and Gas wells with water disposal facility/battery and disposal well. Permanent production is anticipated to commence March 2007.
Located 15 km east of Wainwright, Alberta. The 9-0-6 is producing approximately 35 BOP. (Barrels Oil per Day) This well was completed November 2005. Futher operations will follow in the spring of 2007.
Located near Carstairs, Alberta, operations include one oil well that is producing 65+ barrels light sweet crude Oil per month.
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News Releases
- June 26, 2008Trivello deploys Service Rig to Alexander
- June 20, 2008Trivello Energy clarifies its Prospective Resources for Lucy
- June 16, 2008Trivello Energy files 51-101 Compliant Engineering Report for Lucy
- June 10, 2008Trivello Energy files 51-101 Compliant Engineering Report
- June 6, 2008Trivello Closes Second Tranche Financing
- June 3, 2008Trivello closes Production Assets Acquisition
- May 20, 2008Trivello Closes First Tranche Financing
- May 9, 2008Grant of Options
- May 8, 2008Trivello Acquires Production Assets
- April 9, 2008Trivello Arranges Financing
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Investors
Lucy Property
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Lucy Property
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Alexander Property
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Wainwright Property
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Wainwright Property
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Crossfield Property
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