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Stock impact report

Trio Provides Operational Update

Trio Petroleum Corp. (TPET) 
Company Research Source: GlobeNewswire
Company Details Plans to Increase Production Bakersfield, CA, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today provided an operational update on each of its current oil and gas assets, by field. The update details the specific operational activities the Company is taking to increase daily oil and gas production. McCool Ranch Field Production has been stable for a number of months averaging about 20 BOPD from the HH-1 and 35X wells collectively and we are actively continuing operations to increase oil production.The Company is planning to acidize the HH-1 and 35X wells and anticipates a notable increase in oil production. Planning is underway to return the 58X, HH-3 and HH-4 wells to production over the next several months.Operations continue to prepare the field for cyclic-steam operations – when our current five oil wells were initially steamed in 2014-2015 oil production ste Show less Read more
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