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TriOil Resources Ltd TRIAF



GREY:TRIAF - Post by User

Comment by RockLobster1on Jun 08, 2011 9:57am
429 Views
Post# 18686033

RE: UPDATE ON SUCCESSFUL Q1 COMPLETIONS

RE: UPDATE ON SUCCESSFUL Q1 COMPLETIONSLooks like all good news, but interested in opinions of an oil person...

I liked this partm which indicates no financing needed for this year...?  or perhaps minimal anyways

"With the increased credit facility of $33 million and the expected $2.6 million proceeds from the Coronation non-core asset sale, TriOil is in a strong financial position to execute its 2011 light oil focused capital program at Lochend. "

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