"GVPS is currently working to secure an oil sales pipeline to more efficiently accommodate increasing production at Tri-Valley’s Pleasant Valley heavy oil operation in Oxnard, California."
I thought I read in one of their past PR's/filings they already had that natural gas pipeline in place and were already saving money (instead of using propane for steam) on their PV steam operations there?
No wonder there was a lackluster response to yet another TIV PR. Its always about using "new" (maybe for them) technology, getting permits/certifications, raising more money for more equipment and talkin about production increases on their 6 properties, etc. But, there is never a PR with simply real hard numbers proving the last 3 years of doing the same thing (raising money/diluting shareholders, buying new equipment, talking about increasing production, etc.) actually produced profitable results. And what is the purpose of having a sub which just owns steam generators?
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