Trio Reports Notable Increases in Estimated Oil and Gas Reserves
- Discounted Net Cash Flow (at 10%) increase of $67 Million to $475 Million Based on Updated Operations Bakersfield, CA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today provided an update on estimates of oil and gas reserves and future net cash flows at its South Salinas Project in Monterey County, California.
- 09/03/2024
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Company Appoints New Chief Executive Officer
- Co-Founder and Chairman Robin Ross Accepts Expanded Role Bakersfield, CA, July 15, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today announced that it has appointed Robin Ross as its new Chief Executive Officer, effective July 11, 2024. Mr. Ross recently rejoined the Company as the Chairman of the Board.
- 07/15/2024
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Company Announces First Revenue
- 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.
- 07/01/2024
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Why Is Trio Petroleum (TPET) Stock Up 68% Today?
- Trio Petroleum (NYSEMKT: TPET ) stock is taking off on Tuesday after the oil and gas exploration and development company completed its first two exploratory wells in Utah. Trio Petroleum notes that this saw it complete the initial drilling of its HSO 8-4 and HSO 2-4 wells in Uintah County, Utah.
- 06/11/2024
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Company Regains NYSE Listing Compliance
- Bakersfield, CA, May 06, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, announced that on May 1, 2024, New York Stock Exchange Regulation department provided formal written notice to the Company that it had regained compliance with the NYSE American continuing listing standards as set forth in Part 10 of the NYSE American Company Guide.
- 05/06/2024
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Why Are Stocks Up Today?
- Stocks are up today and investors wondering why have come to the right place as we have all the details behind Wednesday's market rally. Helping stocks stay up today are recent earnings reports from companies.
- 04/17/2024
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Why Is Trio Petroleum (TPET) Stock Down 22% Today?
- Trio Petroleum (NYSEMKT: TPET ) stock is falling on Wednesday after the oil and gas exploration and development company announced new financing agreements. The first one announced by Trio Petroleum is a securities purchase agreement with an institutional investor.
- 04/17/2024
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5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
- WTI Crude Oil has continued its rise as tensions escalate in the Middle East due to ongoing developments and significant uncertainties. Year-to-date, Crude Oil futures have risen over 20%, climbing from almost $70 to just over $85 at Friday's close.
- 04/15/2024
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Choosing Unknown Penny Stocks, 3 Top Tips
- Penny stocks represent an exciting opportunity for investors looking to expand their portfolios with potentially lucrative, yet cost-effective options. Typically trading below five dollars per share, these stocks offer a gateway into investing with a smaller upfront financial commitment.
- 04/15/2024
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Company Provides Operational Update for Monterey County Oil Producing Assets
- Combined Oil Production Stabilized at 75 Barrels Per Day Bakersfield, CA, April 11, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided an update on its oil producing assets in Monterey County, California, including at the Presidents Field (“Presidents”) of the South Salinas Project and at the McCool Ranch Field (“McCool Ranch”). “We are pleased to provide this operational update on our two oil producing assets in Monterey County,” commented Michael Peterson, CEO of Trio Petroleum.
- 04/11/2024
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Company Retires $2.6 Million Convertible Note
- Company Currently Has No Outstanding Convertible Investments Remaining Bakersfield, CA, April 09, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, announced that on April 8, 2024, filed a Form 8-K with the Securities and Exchange Commission (“SEC”) detailing the terms and conditions under which the Company retired $2.6 million in outstanding convertible notes. These notes had been previously funded in two tranches in October of 2023.
- 04/09/2024
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Trio Petroleum Corp Provides Update on Monterey County Operations
- McCool Ranch Field HH-1 Well Producing ~47 Barrels of Oil per Day; 58X and 35X Wells to be Restarted Shortly Presidents Field HV-3A Well to be Restarted Shortly at S. Salinas Project Bakersfield, CA, March 19, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided an update on its operations in Monterey County, California, including at the McCool Ranch Field (“McCool Ranch”) and at the Presidents Field.
- 03/19/2024
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Trio Petroleum Corp Provides Update on Monterey County Operations
- Oil Production Restarted at McCool Ranch Field at Approximately 400 Barrels Fluid per Day (Oil & Water) from the HH-1 and 58X Wells
- 03/04/2024
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Trio Petroleum Announces Notice of Noncompliance with NYSE American Listing Standards
- Bakersfield, CA, March 01, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“TPET”, “Trio” or the “Company”), a California-based oil and gas company, today announced that on February 26, 2024, it received a deficiency letter (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”). Specifically, the Notice informed the Company that the NYSE American has determined that the shares of the Company's common stock have been selling for a low price per share for a substantial period of time, and pursuant to Section 1003(f)(v) of the Company Guide, the Company's continued listing is predicated on it demonstrating sustained price improvement by no later than August 26, 2024.
- 03/01/2024
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Why Is Trio Petroleum (TPET) Stock Down 38% Today?
- Trio Petroleum (NYSEMKT: TPET ) stock is falling on Tuesday after the oil and gas exploration and development company amended a securities purchase agreement with an institutional investor. According to a filing with the Securities and Exchange Commission (SEC), this agreement allows Trio Petroleum to expedite the repayment of a $2 million First Tranche Note.
- 02/06/2024
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Trio Petroleum Corp Provides Update on Monterey County Operations
- Production Rig On-Site at McCool Ranch Oilfield to Restart Oil Production: First Two Wells Expected to Begin Production this Week
- 02/05/2024
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Trio Petroleum Corp Announces an Option to Acquire a 20% Interest in the Asphalt Ridge Development Project in Utah
- Estimated Contingent Resources of 42-92 Million Barrels of Oil Development of this Potential Giant Oilfield Commencing January 2024 Bakersfield, CA, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today announced that it has secured an option (the “Option”) to acquire a 20% interest in a sweet (i.e., low sulfur content), heavy-oil development project at Asphalt Ridge, located near the town of Vernal in Uinta County in northeastern Utah.
- 01/05/2024
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Trio Petroleum Corp Announces the Restart of the McCool Ranch Oil Field
- Oilfield Fully-Permitted to Restart Production from Six Previously Producing Wells San Ardo Water Disposal Well WD-1 Successfully Refurbished and the Testing and Repairs of On-Site Facilities In-Progress Bakersfield, CA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today provided an update on the restart of the McCool Ranch Oil Field (“McCool Ranch”). On October 18, 2023, the Company announced its acquisition of an approximate 22% working interest in McCool Ranch, which is located in Monterey County seven miles north of the Company's flagship South Salinas Project.
- 01/04/2024
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Penny Stocks To Buy Now? 7 Under $1 To Watch Today
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- 11/09/2023
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Trio Petroleum Corp Announces an Option to Acquire a 40 BCF Potential Natural Gas Prospect in the Sacramento Basin, California
- BAKERSFIELD, CA, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp. (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today announced that it has secured a four-month option (the “Option”) with exclusivity to acquire a natural gas prospect in the Sacramento Basin with potential to produce an estimated 40 billion cubic feet of gas (BCF).
- 10/23/2023
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Trio Petroleum Corp Announces Appointment of Michael L. Peterson as CEO
- Frank Ingriselli to Assume Role of Vice Chairman BAKERSFIELD, CA, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today announced that Michael L. Peterson has been appointed as the new CEO of Trio effective October 23, 2023, replacing Frank C.
- 10/18/2023
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Trio Petroleum Corp To Present at LD Micro XVI Main Event Investor Conference on Tuesday, October 3rd at 3:00pm PT
- Will Provide Update on Operations and Testing of HV-1 Discovery Well
- 09/27/2023
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Trio Petroleum Corp Provides Update on Testing of the HV-1 Discovery Well
- Pumping Unit and Storage Tank s and other Temporary Facilities Being Installed
- 09/21/2023
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Trio Petroleum Corp Announces Investor Conference Call to Provide Update on Future Development Plans and Its Continued Testing Operations on the HV-1 Discovery Well
- Webinar Media Interactive Call will be Held on Wednesday, August 23 at 4:30PM EST DANVILLE, CA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio ” or the “ Company”), a California-based oil and gas company, today announced that it will hold an investor conference call on Wednesday, August 23 at 4:30PM EST in order to provide an update on future development plans along with an update on continued testing operations on its HV-1 discovery well. The Company also plans to provide and update on its continuing acquisition activities.
- 08/22/2023
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Trio Petroleum Corp To Present at LD Micro Invitational XIII Investor Conference on Tuesday, June 6th
- CEO Frank Ingriselli Will Present an Update on HV-1 Discovery Well and Future Development Plans
- 05/30/2023
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U.S. IPO Weekly Recap: IPO Market Has A Full Week Of Small Deals, Led By Chinese Issuers
- U.S. IPO Weekly Recap: IPO Market Has A Full Week Of Small Deals, Led By Chinese Issuers.
- 04/24/2023
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