Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to February 10, 2025
Trio Petroleum Corp. (TPET)
Company Research
Source: GlobeNewswire
Bakersfield, CA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided updates on its Asphalt Ridge Project in Uintah County, Utah. TPET announced on January 5, 2024, that it had secured an option (the “Option”) to acquire a 20% interest in a sweet (i.e., low sulfur content), heavy-oil and tar-sand development project at Asphalt Ridge, located near the town of Vernal in Uintah County, northeastern Utah. We announced on June 11, 2024, the successful drilling and completion of the first two exploratory wells at the project, the HSO 2-4 and HSO 8-4, that the wells encountered substantial oil-bearing pay zones in the Rimrock and Asphalt Ridge tar-sands (over 190’of oil-pay in HSO 2-4 and over 100’ of oil-pay in HSO 8-4), and that a downhole-heater was installed in the HSO 2-4 well. On September 12, 2024, we announced first oil production from the HSO 2-4 well. This encouraging oil p
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News
- Trio to acquire producing oil and gas assets in prolific heavy oil region of Saskatchewan Canada [Yahoo! Finance]Yahoo! Finance
- Trio to acquire producing oil and gas assets in prolific heavy oil region of Saskatchewan CanadaGlobeNewswire
- Trio Provides Operational Update on McCool Ranch [Yahoo! Finance]Yahoo! Finance
- Trio Provides Operational Update on McCool RanchGlobeNewswire
- Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to February 10, 2025 [Yahoo! Finance]Yahoo! Finance
TPET
Sec Filings
- 12/19/24 - Form 8-K
- 12/12/24 - Form 4
- 12/5/24 - Form 4
- TPET's page on the SEC website