03:47 PM EST - TVI Pacific Inc. : has made the decision to not participate in the second exploration phase of the Tenere Block in Niger, Africa, with partner China National Petroleum Corporation International Tenere (CNPCIT). After analyzing the final well data and reports from the Facai-1 exploration well drilled in August 2011, TVI has withdrawn entirely from the contract area. TVI Pacific Inc.
shares T.TVI are trading down $0.005 at $0.04.
