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Microcap & Penny Stocks : Tri-Valley Corp. (OTC BB: TRIL) -- Ignore unavailable to you. Want to Upgrade?


To: Taff who wrote (3834)6/22/1999 9:55:00 PM
From: Findit  Read Replies (1) | Respond to of 4821
 
Been almost two hours since this news was posted here and no replies. Hard to figure. An association with Halliburton should give TRIL a nice boost tomorrow. What are your predictions? I will go with .75.

Jim



To: Taff who wrote (3834)6/23/1999 11:20:00 AM
From: Taff  Respond to of 4821
 
Charts ELH and EKHO

This is what can possibly be expected (percent change)... without a blowout

EKHO current chart

techstocks.com

ELH for last 40 weeks

techstocks.com



To: Taff who wrote (3834)9/13/1999 7:31:00 AM
From: Findit  Respond to of 4821
 
Does anyone know where Tril stands with Halliburton? Is there a relationship or not?

Jim

Tri-Valley and Halliburton Team Up On Project Ekho

BAKERSFIELD, Calif., Jun 22, 1999 (BUSINESS WIRE via COMTEX) --
Tri-ValleyOil & Gas Co. (TVOG) has received a letter of intent from
Halliburton Energy Services proposing an alliance on Project Ekho,
Tri-Valley's deep exploration play in the South San Joaquin Valley of
California, it was announced today by Joseph R. Kandle, TVOG president.

Halliburton, a Fortune 100 company and the world's largest oilfield
service firm, will provide TVOG technical services and support on a
preferred basis during drilling, completion and production of the
Project Ekho initial test wells.

With an ultimate target of 4 billion barrels of light crude and up to
10 trillion cubic feet of natural gas in place, Project Ekho was so
named by TVOG because it has the potential to "echo" or exceed the
reserves of the nearby famed super giant Elk Hills Oilfield.

In the area, Halliburton has also established alliances with Chevron,
Aera Energy (the combined California production of Shell and Mobil) and
Occidental of Elk Hills Inc.

"Deep downhole pressures and temperatures are very high, making for
exceptional drilling and completing conditions, and we are pleased to
team up with Halliburton, a world leader in oilfield expertise and
resources," Kandle said.

Kandle noted that while more than 100,000 wells had been drilled in the
Bakersfield area, only 65 had gone below 15,000 feet including the
Bellevue No. 1, which recently blew out at Middle East rates at 17,640
feet and took six months to control. The blowout changed, in
spectacular fashion, conventional views of possible porosity and
permeability at depth and validated some of Tri-Valley's exploration
concepts in pursuing deep horizon potential.

Kandle, one of California's foremost deep drilling specialists
(including two wells in the area below 20,000 feet) joined Tri-Valley
last year and began strengthening TVOG's technical support of the
venture. First, TVOG called on Colorado Springs, Colo.-based Systems
Technology Associates. Their Bakersfield arm provides 38 specialists in
geology, geophysics, petrophysics, engineering and computer technology.

"Now with Halliburton on our team, the operations side of the Project
is very substantially enhanced as we prepare to test the potential of
this massive structure," Kandle said.