#TPET

4 months ago

#TPET Trio Petroleum Corp. (TPET) Announces Strategic Acquisition of Cash Flow positive production in Alberta

www.stocktitan.net/news/TPET/trio-petroleum...

0 0 0 0

Trio Provides Operational Update Trio Petroleum (NYSE American: TPET) provided an operational update across its three oil and gas assets. In Lloydminster, Saskatchewan, production has stabilized at 60-70 BOPD with potential for additional wells to add 70 barrels per day and multilateral drill opportunities capable of 200-300 bpd.The South Salinas Project in California holds significant potential with estimated 47 million barrels of P2 reserves ($2.1B undiscounted net cash flow) and 129 million barrels of P3 reserves ($7.9B undiscounted net cash flow). In PR Spring, Utah, testing continues with downhole heaters, targeting one of North America's largest tar-sand deposits with potential for 50,000 barrels per day when fully developed.The company also announced the resignation of Stan Eschner as Vice-Chairman, who will remain as consultant until year-end.

7 months ago

#TPET Trio Provides Operational Update

www.stocktitan.net/news/TPET/trio-provides-...

0 0 0 0

Trio Petroleum Abandons California McCool Ranch Operations as Water Disposal Costs Soar Strategic exit from McCool Ranch as California water disposal costs impact profitability. Trio shifts focus to more economically viable oil and gas projects. Learn more.

9 months ago

#TPET Trio to suspend operations at McCool Ranch

www.stocktitan.net/news/TPET/trio-to-suspen...

0 0 0 0

Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and natural gas properties held by Novacor Exploration

9 months ago

#TPET Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada

www.stocktitan.net/news/TPET/trio-completes...

0 0 0 0

Trio enters into Letter of Intent to acquire 2000 acres in P.R. Spring Utah, one of largest tar-sand deposits in North America outside of Canada. Trio Petroleum (NYSE: TPET) has entered into a Letter of Intent to acquire 2,000 acres at P.R. Spring, Unita Basin, Utah from Heavy Sweet Oil LLC. The P.R. Spring area contains an estimated 6.75 billion barrels of oil initially in place and is one of North America's largest tar-sand deposits outside Canada. The project could support up to 1,000 wells with potential production of 50,000 barrels per day over a 20-year life. Each well is expected to produce 300,000 barrels with stable production of 40 barrels per day, at a drilling cost under $800,000 per well. The acquisition terms include a $150,000 non-refundable payment, 1,492,272 restricted shares, and $850,000 in cash at closing. Trio will provide 100% of development capital and share 50% of net profits with HSO. The project will produce commercial grade asphalt (90%) and diesel range product (10%), both expected to sell at premium prices to WTI.

9 months ago

#TPET Trio enters into Letter of Intent to acquire 2000 acres in P.R. Spring Utah, one of largest tar-sand deposits in North America outside of Canada.

www.stocktitan.net/news/TPET/trio-enters-in...

0 0 0 0

Trio acquires producing cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada Trio Petroleum Corp (NYSE: TPET) has announced the acquisition of petroleum and natural gas properties from Novacor Exploration in Saskatchewan's Lloydminster heavy oil region. The acquisition includes TWP48 Assets and pending TWP47 assets, featuring seven producing wells with current production of approximately 70 barrels per day.The assets have potential for 4 additional re-entry wells and two fully equipped locations that could add 70 barrels per day in total. A Reserve Report from August 2024 by Petrotech and Associates indicates 91.5MBBL of total proved and probable oil reserves from currently producing wells.The acquisition price is US$650,000 in cash (paid in two tranches) and 526,536 shares of TPET common stock. The properties benefit from low operational costs, with Novacor's current lift cost at CDN $10.00 per barrel. Novacor will continue as operator of the assets, maintaining operational efficiency in the heavy oil region.

11 months ago

#TPET Trio acquires producing cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada

www.stocktitan.net/news/TPET/trio-acquires-...

0 0 0 0

Trio Petroleum Clears $1.6M Debt, Strengthens Balance Sheet for Growth Strategy Trio Petroleum fully repays senior secured convertible notes, eliminating security interests and positioning for expansion through well reworking and strategic asset development.

1 year ago

#TPET Company retires remaining Outstanding Convertible Investments

www.stocktitan.net/news/TPET/company-retire...

0 0 0 0

1 year ago

NEWS: ( NYSE: #TPET ) Trio Signs LOI to acquire Producing Oil and Gas Assets in Saskatchewan, Canada

#StockMarket #News

0 0 0 0

1 year ago

Breaking News: ( NYSE: #TPET ) Trio to acquire producing oil and gas assets in prolific heavy oil region of Saskatchewan Canada

#StockMarket #News

0 0 0 0

Trio Petroleum Expands Portfolio: $1.4M Deal for Saskatchewan Heavy Oil Assets with 70 BPD Production Trio Petroleum (TPET) signs LOI to acquire Saskatchewan oil properties with 70 BPD current production and potential to double output through well reactivations and re-entries.

1 year ago

#TPET Trio to acquire producing oil and gas assets in prolific heavy oil region of Saskatchewan Canada

www.stocktitan.net/news/TPET/trio-to-acquir...

0 0 0 0

1 year ago

News; ( NYSE: #TPET ) Trio Provides Operational Update on McCool Ranch

#StockMarket #News

0 0 0 0

Trio Petroleum Aims to Boost Oil Production 20X at McCool Ranch with Steam Operations Revival | TPET Stock News Trio Petroleum plans to revive cyclic-steam operations at McCool Ranch oilfield, targeting 400 BOPD production based on historical success, with expansion plans for 2025.

1 year ago

#TPET Trio Provides Operational Update on McCool Ranch

#StockMarket #news #stocks

www.stocktitan.net/news/TPET/trio-provides-...

0 0 0 0

1 year ago

Just In: ( NYSE: #TPET ) Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to February 10, 2025

#StockMarket #News

0 0 0 0