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Trivello
to Drill Edmonton Area Gas Well
Company
Initiates Spring Drilling Program
TRIVELLO VENTURES INC.
(Trivello)
is a resource exploration and development company engaged in
the exploration, exploitation and development drilling for oil and gas
reserves. Trivello is a public Canadian company, listed on the TSX-Venture
Exchange with the trading symbol "TRV"
(US-symbol
TRVVF).
Trivello Ventures Inc. (TSX-V "TRV")
has initiated their spring drilling program by beginning to drill their
first gas well on The Alexander Prospect which is a well documented area
in the Edmonton region and that has extensive geological data from
previous drilling of several productive oil wells.
The
entire prospect area consists of 4 sections of land. The Company
currently owns a 15% interest in a productive gas well on the prospect.
Trivello
has been informed by the Operator that drill pads are poured, necessary
permits are obtained and the Drill Rig should be mobilized immediately
upon Drill Rig availability. The company owns a 30% working interest in
Lsd. 6 of Section 7, Township 57, Range 1 W5M.
Flow
rates of near-by wells have produced in excess of 100 barrels of oil per
day per well. The drilling of the test well will determine how many of
formations are to be tested for hydrocarbons. Trivello will make
announcements with regards to additional drilling targets in due course.
To find out more about Trivello Ventures and receive a Executive Summary
Featuring Trivello follow this link