TriOil Resources Ltd TRIAF

IP's

[totaldepth]

Check out Bonterra's latest presentation page 13 average IP30 for their 21 wells is 179 BO/D in the Pembina/Carrot Creek areas. Average IP's for recent releases in the Lochend area are 180, 170, 290 and 118 or 189BO/D average. Lochend although deeper and more expensive on average is in a much earlier stage than Pembina and should improve with more work. There are a number of reasonably good vertical Cardium A's in the area so time will tell. Remember there is Cardium B as well and a lot more holes to go down. Not time to throw in the towel yet!!!

[nlr2]

I agree total depth. Trioil hasn't been the operator on the majority of the wells drilled so they haven't been able to choice completetion techniques. If this play is truely analogous to Garrington then Trioil can just follow in Midway's footsteps. Midway also had some hiccups at the start but have now worked out a system that produces results. I think trioil will be able to do the