Trimox Energy Inc.
TSX VENTURE : TRM.A
TSX VENTURE : TRM.B

Trimox Energy Inc.

September 07, 2005 19:57 ET

Trimox Energy Inc. Provides Operational Update

CALGARY, ALBERTA--(CCNMatthews - Sept. 7, 2005) - Trimox Energy Inc. (TSX VENTURE:TRM.A) (TSX VENTURE:TRM.B) ("Trimox" or the "Company") is pleased to provide an update on its activities.

At Niton, offsetting the Company's successful 2004 re-entry, a Trimox operated well (0.53 net) was recently drilled and cased. The well encountered the anticipated gas reservoir horizon and is scheduled to be completed and tested over the next few weeks. A second well at Niton (0.26 net) is currently drilling. The Company anticipates that gas production from this area will commence late in the first quarter of 2006.

At Worsley, the Company has drilled, completed and tested two wells, the results of which were previously released. A third well (0.30 net) at Worsley is currently drilling. The Company anticipates that all three wells will be on-stream early in the first quarter of 2006.

In the Retlaw area, in addition to the results previously released, a recently drilled Upper Mannville gas well (1.0 net) and a potential dual zone Glauconitic oil and Sunburst gas well (0.71 net) have been completed and tested. The Upper Mannville gas well was flow tested for three days at gas rates of approximately 1.0 million cubic feet ("Mmcf") per day at a flowing pressure of approximately 800 pounds per square inch ("psi") with less than 25% effective reservoir drawdown. The potential dual zone Glauconitic oil and Sunburst gas well was completed and flow tested in the Sunburst zone for three days at gas rates of approximately 1.0 Mmcf per day at a flowing pressure of approximately 1300 psi with less than 7% effective reservoir drawdown. The potential Glauconitic oil zone has not been tested to date. The Company plans to drill one additional well in the Retlaw area during the fourth quarter and anticipates that at least three of the Company's four operated wells in this area will be on-stream by year-end.

Trimox trades on the TSX Venture Exchange under the symbols "TRM.A" and "TRM.B".

This news release contains forward looking information. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Trimox Energy Inc.
    Steve Dabner
    President & C.E.O.
    (403) 216-1721
    Email: steved@trimox.ca
    or
    Trimox Energy Inc.
    Thomas Love
    Chairman & C.F.O.
    (403) 216-1722
    Email: toml@trimox.ca