August 25, 2008Trivello Energy Corp. Announces Lucy Partner MeetingCalgary, AB. Trivello Energy Corp. (“Trivello” or the “Company”) announces that a partner meeting has been scheduled for September 11, 2008 to discuss and finalize the completion plans for the Company’s Lucy Prospect in northern British Columbia Trivello recently announced that it had received approval for its “experimental scheme license for the exploration and development of Horn River shale gas in the Gunnel area” from B.C. Oil and Gas Commission (“OGC”). This license is valid for a period of three years, and all reports and well data will be kept confidential by the OCG. This allows Trivello and partners full control over well data for competitive reasons and during any potential divestiture strategies that the partnership group may pursue.
Arndt Roehlig, President of Trivello states: “This welcomed exploration license marks a major milestone in the development of the Lucy Prospect. During the upcoming partner meeting, we will finalize the schedule for fracture stimulation on the well completed last season, and discuss the various opportunities available in the other two wells on the property. Upon achieving a successful fracture stimulation and achieving anticipated test results the well will be tied in to nearby gas pipelines and infrastructure.”
This planned test and development program could be one of the first Horn River basin projects in this area to be put on commercial production and would begin to validate the overall reserves in the area. Upon a successful completion, the Lucy prospect will become one of Trivello's major assets for production or disposition in the near term.
A comprehensive 51-101 compliant Engineering Report on the above property has been filed on
www.sedar.com. To read more about the Companies projects, please visit
www.trivello.com.
On behalf on the Board of Directors:
Arndt Roehlig
President
The TSX Venture Exchange has not reviewed this news and does not accept responsibility for the adequacy or accuracy of this release