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Trivello Energy Corp.: Application submitted for extension to the mineral license at Trivello’s Lucy Gas Shale Prospect

Calgary, AB. Trivello Energy Corp. (“Trivello” or the “Company”) is pleased to announce the application for the extension to the mineral license has been applied for with the Oil and Gas Commission (OGC) of the British Columbia Government.

Once obtained, such lease extension will permit Trivello to continue the exploration and completion of the Muskwa formations on these lands with a similar evaluation program the rest of industry has used with success. A typical evaluation program would involve a horizontal well be drilled off the existing vertical well, followed up with a hydraulic fracture program and well productivity testing. According to the Operator, up to 8 wells per section are possible under such a development. Upon success of this program, the partners will commence the required engineering for the pipeline tie-ins, with could result with potential production as soon as 2009, which would then be followed up with the completion attempt of additional wells previously drilled on the property.

According to the operator at Lucy, the increased interest in these shales have shown several “comparisons have been made that compare the Muskwa shale directly to the Barnett shale” in the Texas area.

Analyzed Raw Shale cuttings from the Fort Simpson & Muskwa Formations in the a-79-A 94-P-4 well have recently returned above average “Total Organic Content” at the Company’s Lucy Prospect in Northeastern British Columbia. Also, cuttings from the previously drilled d-90-A94-P-4 well (2006/2007) been submitted to the lab to provide additional support for the TOC value of the Muskwa shale project. These results and other information have been supplied to an independent engineering firm for evaluation as soon as possible. That new report will be released when complete.

The average Total Organic Compounds (TOC) for the Gas Test Well in the Muskwa was valued at 3.68% with peaks of 5.7%. Government of British Columbia’s Ministry of Energy and Mines’ Oil and Gas Division states that the maximum TOC measured in their study was 5.9%, with an average 3.1%.

The BC government is proposing modified royalty schemes to enhance development of this and other shale gas formations in the area. Land sale activity in the vicinity has increased with $67 million purchased in February (average $640,000 per section) and over 300 sections posted in March and April.

The Company’s Lucy Prospect compromises approximately 1920 acres gross (three sections) located in northeast British Columbia, approximately 50 kilometers northeast of Fort Nelson, B.C. Trivello owns 10% working Interest in the Lucy Prospect. Investors are cautioned not to assume that the drilled Gas Well will result in an economically recoverable resource play.

To read more about the Lucy Prospect, please visit www.trivello.com. For further information on the Muskwa Formation, please visit the Government of British Columbia’s site at www.em.gov.bc.ca/oilandgas.

On behalf on the Board of Directors:
Arndt Roehlig
President

The TSX Venture Exchange has not reviewed this news and does not accept responsibility for the adequacy or accuracy of this release.