Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

Feedback from DOGGR:

Excerpts:

DOGGR: "can confirm that the numbers shown on the May monthly are the numbers reported by Tri-Valley"

In reply to a request for clarification regarding seeing these numbers (9696 bbls at Oxnard) on the FTP site but not on the OPI site:

DOGGR: "That is correct. Even though you can’t see the numbers reported for individual wells, you can surmise that from the Production by Operator monthly numbers."

Waiting on the answer to, wait, this just in, got the answer to my follow-up question which was "will we always see these total production numbers for Oxnard on the FTP site, (but not on the OPI site) even though the wells are confidential?"

DOGGR: "We have to count production from confidential wells or we wouldn’t get an accurate statewide total. Usually it isn’t this easy to see where the production is coming from."

So it sounds to me like we won't see the individual PV wells production breakdown on the OPI site due to Confidentiality , but since DOGGR has to tally statewide production somewhere regardless of Confidentiality , we should continue to see the Oxnard field production on the FTP site going forward.

Interesting that DOGGR said "usually it isn't this easy ....". Not sure how that works , but this is going to be pretty easy to see since the only producing wells in Oxnard are these steam-assist PV wells.

That's pretty cool and is especially cool since it was on May 19 that TIV mentioned "Several of the new wells which are confidential status with" DOGGR , and on April 14 geoscience1 mentioned he was hearing things "making it sound like" PV and Moffat "have been granted confidential status for 2 years"

Apparently it doesn't matter when TIV took the wells Confidential , these numbers should continue to show up on the FTP site.

I wonder if my really rough revenues-based estimate on 2Q08 Oxnard oil production will be borne out? Based on a number of assumptions including a guess at the per bbl price TIV might be getting for the heavier oil from the tar sands , I thought we might see 2Q production of substantially over 60,000 BOE , perhaps as high as 69,000 , including oil and gas.

Another new item for May is Moffat Ranch Gas. There was no Moffat production shown on the FTP site for April , but May shows 24,850 mcf. That would be on top of the 10,772 mcf reported in May on the OPI site for all other gas wells. That also bears out the comment about Moffat 48X "production at or near 1,000 mcf per day" which was in the May Shareholder Letter.

Can't wait to see June production on the FTP site , including the Oxnard and Moffat Ranch wells. Oxnard should be much higher in June compared to May , and hopefully Moffat will be holding its own from month to month.

JMO

jonesie