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TRIO PETROLEUM CORP Stock Price, News & Analysis

TPET NYSE

Welcome to our dedicated page for TRIO PETROLEUM news (Ticker: TPET), a resource for investors and traders seeking the latest updates and insights on TRIO PETROLEUM stock.

Trio Petroleum Corp (NYSE: TPET) provides investors with centralized access to official company announcements and energy sector developments. This resource aggregates press releases, regulatory filings, and operational updates related to TPET's oil and gas exploration activities in California and Utah.

Track verified information about drilling programs, financial results, and strategic initiatives including the South Salinas Project. All content is sourced directly from company disclosures and vetted industry reports, maintained in compliance with financial publishing standards.

Key updates include working interest developments, mineral leasehold acquisitions, and operational milestones managed through subsidiary Trio LLC. Users receive unfiltered access to earnings announcements, technical evaluations of idle well assets, and management commentary.

Bookmark this page for efficient monitoring of TPET's exploration progress across its 9,300-acre portfolio. Combine with SEC filings and market data for comprehensive analysis of the company's energy sector position.

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Rhea-AI Summary

Trio Petroleum Corp. (NYSE American: TPET) has announced the signing of a drilling rig contract with Ensign Drilling for its HV-1 well, part of the South Salinas Project in Monterey County, California. This contract secures a fully equipped ADR 350 rig (#540) capable of drilling to 10,000 feet. Drilling operations are set to start in approximately two weeks and are expected to take 30 days to complete. The HV-1 well is significant as it is a confirmation/development well, located two miles from the successful HV-3A discovery well, which found high-quality oil. Trio holds an 85.75% working interest in the project and anticipates beginning production within 30 days post-completion if the drilling is successful.

CEO Frank Ingriselli highlighted the company's commitment to developing its South Salinas Project to enhance shareholder value.

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FAQ

What is the current stock price of TRIO PETROLEUM (TPET)?

The current stock price of TRIO PETROLEUM (TPET) is $1.18 as of May 26, 2025.

What is the market cap of TRIO PETROLEUM (TPET)?

The market cap of TRIO PETROLEUM (TPET) is approximately 8.2M.
TRIO PETROLEUM CORP

NYSE:TPET

TPET Rankings

TPET Stock Data

8.21M
6.94M
7.18%
0.97%
11.68%
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
BAKERSFIELD