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. Workover completed July 2008 the well has produced an average of more than 25 barrels of oil per day based on a five day average ending July 28, 2008. The Company will continue to monitor the well and once the well has stabilized further, an optimization team will fine tune the well in order to maximum production in the most efficient manner.
Located 15 km east of Wainwright, Alberta. The 9-0-6 was producing approximately of 15-25 BOPD until it was shut in due to pump failure. DevExco plans to repair the pump and re-start the well in due course. This well was completed November 2005.
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
- October 3, 2008Appointment of new Director of Trivello and Subsidiary
- October 2, 2008Trivello Energy Interview on SmartStox
- October 1, 2008Trivello Energy Provides Clarification
- September 18, 2008Horn River Extension Gas Well Completion Program at Lucy
- August 25, 2008Trivello Energy Corp. Announces Lucy Partner Meeting
- August 14, 2008Trivello Energy Receives Approval for Lucy License Extension
- August 8, 2008Termination of Investor Relations Contract
- July 28, 2008Trivello Announces Alexander Well Production
- July 10, 2008Trivello re-completes Alexander
- July 4, 2008Grant of Options
View More News
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Investors
Lucy Prospect
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Alexander Property
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Wainwright Property
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Crossfield Property
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