TriOil Resources Ltd TRIAF

Sept. 19th Land Sale........

[not4anymore]

Big priced acreage at Lochend yesterday. The sale might explain TOL's equity issue?????

[larsen6]

Not4anymore:   Do you have any details on the sale?  Or can you give us a link?   Thanks,   L6

[not4anymore]

Daily Oil Bulletin: Sep 20, 2012 $17.31-Million Parcel In The Calgary Area Highlights Alberta's Wednesday Land Sale By Richard Macedo Alberta brought in $36.57 million at its land sale yesterday, bringing the year-to-date bonus total to $872.66 million. A total of 241,006 hectares exchanged hands at an average of $151.71 per hectare. So far in 2012, the province

[larsen6]

Thanks for sharing.   Cheers.   L6

[larsen6]

I recieved a short from prospectus from TOL in the mail today.   In it, TOL confirms that indeed, they were the ones that paid $17.3M for the 14 sections of Lochend land.  There must be complete confidence that there is something there on trend for further Cardium discovery.   TOL also states that they drilled 10 (6.9 net) wells in Q3, with one still drilling.  This was as of

[not4anymore]

L6; Thanks for passing that along. The 3rd quarter update should now be even more interesting.

[cookster9]

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[larsen6]

Now that Equal has sold their Lochend cardium lands.  Let's do a rough analysis on how this compares with Trioil's recent spend of $17.3M for 14 Lochend sections.   EQUAL SALE Equal reports that they got $62M for their 8,000 acres (13 sections) of land.  Along with this, they sold 525 boepd (net) of production (93% oil). Looking to the EQU

[cookster9]

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[AlertMe]

BXE -- Bellatrix Exploration Ltd

[cookster9]

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[sherbrooke1]

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[larsen6]

Hi Sherbrooke:   I cannot begin to answer all this.  I know that the answer to 3. is yes, they got it all.  Honestly, am paying more attention to RMP and DTX, which together comprise about 65% of my portfolio.     Have been nibbling on TOL in the $2.60's this week. Same for MMT at $2.     Larsen6   L6

[cookster9]

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[shambano1]

I'll take 4.50 for what it's worth but 4 is pretty good premium also. GL