TVI Pacific Inc. (TSE:TVI)

[ChuckD-MSB]

TVI Pacific Inc. Announces Commencement of Exploration Well in Niger, Africa

CALGARY, ALBERTA--(Marketwire - June 13, 2011) - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ("TVI" or "the Company"), through its 100% owned subsidiary TG World Energy Corp., is pleased to announce that Niger project operator, Chinese National Petroleum Corporation International Ténéré Ltd. ("CNPCIT"), has commenced drilling the Facai-1 exploration well. TVI Pacific's 20% interest in the well is funded 100% by CNPCIT under the terms of the project agreements.

The Facai-1 well is located in the Ténéré Block in Niger, Africa. The 71,155 square kilometre (27,473 square mile) Ténéré Block is located in the northern half of the Termit Rift Basin. In the southern half of the basin CNPCIT has been actively appraising existing oil discoveries and drilling new exploration wells with the aim of reaching oil reserve volume threshold to justify an export pipeline.

Click Here for Interactive Map of the Area

Facai-1 is located 110 kilometres (63 miles) north of the West Fachi-1 exploration well that was drilled by CNPCIT/TG World Energy Corp. in 2007. Security issues prevented field operations from that time until mid-2010 when work began in preparation for Facai-1 drilling.

The well will be drilled to an estimated 3,700 metres (12,000 feet) to test Cretaceous sandstones in an anticlinal trap. Seismic data analysis indicates a hydrocarbon signature at the target reservoir zone. The Facai-1 well is expected to reach total depth in 60 to 90 days.

http://www.marketwire.com/press-release/tvi-pacific-inc-announces-commencement-of-exploration-well-in-niger-africa-tsx-tvi-1525616.htm