Trinity Valley Energy Corp.

November 12, 2013 09:18 ET

Trinity Valley Announces Preliminary Results of Core Analysis

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 12, 2013) - Trinity Valley Energy Corp. (TSX VENTURE:TE) (The "Company") has been advised by Anderson County Land Company ("ACLC") that Weatherford Laboratories has completed and reported on the analysis of the core taken from five of the ten core holes drilled on the Days Chapel Enhanced Oil Recovery ("EOR") Project ("Days Chapel" or the "Project"), located in Anderson County, East Texas approximately 110 miles southeast of Dallas, Texas.

The recovered core had been slabbed, photographed for black-light analysis and gamma scanned. It has been analyzed for porosity, oil saturation and water saturation. Completion of the laboratory analysis of the remaining 5 locations is expected by the end of November 2013.

A total of 70 plugs, ranging from 6 plugs to 19 plugs per core, were extracted from the cores for retort processing. The weighted average range of porosity was from 29.4% to 34.8%. Oil saturation within the pore space of the Carrizo averaged 31% within a range of 10.6% to 44.6%. The Newby, a secondary zone of interest averaged 17.6% within a range of 2.9% to 65.4% oil saturation.

Additionally a composite set of logs were taken in each one of the core holes. Interpretation of these logs, by the Operator indicates net pay in the Newby ranged from 10 to 12 feet whereas the Carrizo showed between 24 and 40 feet. Whereas these formations are unconsolidated, it was very important to log the drilled locations as core recovery was a total of 73.1 feet over 226 feet of log measured pay. One of the procedures under undertaken by the Operator is the correlation of the cores to the logs, which will allow for a complete interpretation of the pay zones.

The results of this core analysis will be used along with core reports from 8 core location, previously taken by Shell Exploration Company and DG&E, along with the composite logs to prepare a three dimensional model of the reservoir. This model allow for the confirmation of Original-Oil-In-Place numbers at various contours. It will also form the basis of the stimulation modeling which will determine the recommended combination of technology to achieve maximum economic recovery of the Original-Oil-In-Place.

Gerrard Kiefer, Professional Geologist, is the Qualified Person under National Instrument 51-101 responsible for preparing and reviewing the data contained in this press release.


Michael Dake, President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information