Tri Vy Corp (AMEX:TIV)
CAPS Rating:
The Company is in the business of exploring, acquiring and developing petroleum and metal and mineral properties and interests therein.
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The Company is in the business of exploring, acquiring and developing petroleum and metal and mineral properties and interests therein.
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This company is developing an oilfield in California. It has recently started producing oil. Its currently selling 2000 barrels per day. It expects to be selling 10,000 barrels a day by 2010. The property has also substancial natural gas deposits which they can use to steam the heavy crude out of this field.