Company Announces First Revenue
Trio Petroleum Corp. (TPET)
Company Research
Source: GlobeNewswire
Company Collects First Revenue Check for April Oil Sales at McCool Ranch Field HH-1 at McCool Ranch Producing Steadily at Approximately 30 BOPD Bakersfield, CA, July 01, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today announced that it received its first revenue payment in June for its proportionate share of revenue from April oil sales at McCool Ranch Field in Monterey County, California. “We are now generating revenue and this is a positive milestone for our Company,” commented Michael Peterson, CEO of Trio. “My top priority when I assumed the role of CEO was to quickly begin generating revenue from our existing oil assets. We believe cash flow stability is a critical component of our initial growth strategy. We are now pleased that both the McCool Ranch and Presidents fields in California are generating revenue.” “Our newest asset, the Asphalt Ridge Project in Utah has its first two w
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TPET
News
- Company Announces First Revenue [Yahoo! Finance]Yahoo! Finance
- Trio Petroleum Appoints Robin Ross Chairman and Board Director [Yahoo! Finance]Yahoo! Finance
- Trio Petroleum Appoints Robin Ross Chairman and Board DirectorGlobeNewswire
- Company Successfully Completes First Two Exploratory Wells in Utah [Yahoo! Finance]Yahoo! Finance
- Company Successfully Completes First Two Exploratory Wells in UtahGlobeNewswire
TPET
Sec Filings
- 7/2/24 - Form 4
- 7/1/24 - Form 144
- 7/1/24 - Form DEF
- TPET's page on the SEC website