Trinity Valley Files NI 51-101 Compliant Report on Days Chapel Enhanced Oil Recovery Project

Trinity Valley Energy Corp. and Anderson County Land Company have received and filed on SEDAR an independent NI 51-101 compliant independent reservoir engineering report effective January 1, 2015 from RJ Naas LLC, an independent petroleum engineer.

This report is on the Days Chapel Enhanced Oil Recovery Project, located in Anderson County, East Texas approximately 110 miles southeast of Dallas, Texas.

This reservoir engineering report contains the following highlights:

Gross 100% probable reserves of 6,698,880 barrels, with the Company's 33.33% working interest representing 2,199,600 barrels. This is an increase of 1,064,320 barrels from the 1,135,280 barrels in the December 2012 51-101F1 prepared by RJ Naas LLC

Based on a flat non- escalated price of US$70.00 per barrel, the future undiscounted cash flow to the Company is $78,797,273 which is future oil revenues less the cumulative of all future royalties, production taxes, operating costs and required capital ($12,386,000).

The present value of future undiscounted cash flow on a 10% discounted basis is $36,044,800 and on a 15% discounted basis the present value is $25,512,160. The Company's investment to date in the Days Chapel project is US$1.5MM.

The in situ value of a barrel of oil to the Company at Days Chapel based on a 10% discounted future cash flow is $16.41.

These results from the reservoir engineering report, the completed STARS ("thermal reservoir simulator and advanced recovery processes") modeling, along with the results of the coring program complete the data catalogue which will now determine the optimal combination of technology and techniques to commercially exploit the Days Chapel Carrizo Oil Pool.

Source: http://www.trinityvalleyenergy.com/

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