Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

Howard , thanks for doing that.

However I maintain that we know exactly what the accurate figures are as to TIV's current Oil & Gas Production , at least through the September/October timeframe.

DOGGR's FTP site gives the aggregate total of the Pleasant Valley wells and that new Moffat well , or however many new Moffat wells there might be. As it turns out , the only 'benefit' confidentiality provided to TIV was to keep anybody from seeing the per-well-specific numbers for those wells with the 'C' designation.

I don't think that was the 'benefit' TIV was expecting. I don't think they realized that even with the 'C' designation DOGGR is required to report ALL oil and gas production in the state of California , and they report that on their FTP site , pictures of which I have provided here as they are available.

So ... perhaps TIV was able to code some wells 'C' and while their production isn't itemized on the OPI site , it is shown in aggregate on the FTP site. Then perhaps they were able to code some other wells 'Really Really C' and their production isn't shown anywhere.

LOL , but DOGGR explicitly says that isn't the case , so we truly are seeing the entirety of TIV's production on the FTP site.

Now , we might not be seeing 'production capacity' , but then that old saying " s--- in one Hombre's pocket and put production capacity in his other pocket and see which one fills up first" might apply here.

As Geo points out , monies spent at Temblor/S.Belridge haven't increased production much beyond what existed when those leases were first obtained by TIV. I'm not sure what the long term payout on that endeavor will be when you consider all the money put into it.

At least the PV wells have new production since TIV started from scratch there, although we probably aren't clear as to what price of oil is needed to make it profitable production.

JMHO

jonesie