Trinity Valley Anounces Completion of 10 Hole Coring Program at Days Chapel
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/30/13 -- Trinity Valley Energy Corp. (TSX VENTURE: TE) (The "Company") has been advised by Anderson County Land Company ("ACLC") of the completion of drilling of 10 core holes in 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.
ACLC collected 170.5 feet of oil saturated core from the Carrizo formation and an additional 52.5 feet of core from the deeper Wilcox formation. Three of the 10 locations were drilled through the Carrizo (depth varying between 550 and 650 feet) to the deeper Wilcox (900 to 1,400 feet) which is productive in the area. Additionally, composite logs were taken at each location.
The recovered core has been delivered to Weatherford Laboratories in Houston where it has been slabbed, photographed for black-light analysis and gamma scanned. It is being analyzed for porosity, oil saturation and water saturation. Completion of the laboratory analysis is expected in early November 2013.
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.
ON BEHALF OF THE BOARD
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.
Contacts:
Trinity Valley Energy Corp.
Michael Dake
President
(888) 909-5548
(888) 909-1033 (FAX)
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Datum: 30.10.2013 - 13:25 Uhr
Sprache: Deutsch
News-ID 310876
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Oil & Gas
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