Trio Provides Operational Update on McCool Ranch [Yahoo! Finance]
Trio Petroleum Corp. (TPET)
Company Research
Source: Yahoo! Finance
American: TPET) (“Trio” or the “Company”) , a California-based oil and gas company, today provided an update on operational activities the Company is taking to increase oil production and cash flow at the McCool Ranch Oilfield in Monterey County, California. Oil production has been stable for a number of months at about 10 to 20 BOPD from the HH-1 and 35X wells collectively and we are actively looking into the best course of action to increase oil production and cash flow while containing costs, including resuming cyclic-steam operations at these two wells, and also by restarting production from three additional wells - the 58X, HH-3 and HH-4. The HH-1 and 35X wells are both completed in a zone of heavy-oil at the top of the high-quality Lombardi Oil Sand at a shallow depth of approximately 2,200 feet. The HH-1 well has a short horizontal completion and the 35X a vertical completion in the oil sand. Since we restarted oil production at McCool Ranch earlier this year, the aforeme
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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