TriOil Resources Ltd TRIAF

RE: News Update...

[tikrtok1]

Corporate snapshot:

• Current production in excess of 1,400 barrels of oil equivalent per day, approximately 50 per cent weighted to oil;

• Credit facility increased to $25-million;

• Current net debt of approximately $5-million (1);

• Approximately 130,000 net acres of undeveloped land;

• Proved reserves of 4,732 million barrels of oil equivalent (2);

• Proved and probable reserves of 8,353 million barrels of oil equivalent (2);

• Net present value discounted at 10 per cent for proved reserves is $85.8-million (2);

• Net present value discounted at 10 per cent of proved and probable reserves is $135.3-million (2);

• Net asset value of $6.61 per share;

• Undeveloped land valued at $150 an acre (3);

• Net asset value of $7.28 per share;

• Lochend Cardium undeveloped land at cost and the balance of land valued at $150 an acre (3);

• An amount of 23.6 million diluted shares outstanding (1);

• An amount of $115.7-million market capitalization (1);

• Tax pools of approximately $180-million.

Pretty nice PHOTO imho.

tikr