Company Trio Petroleum Corp.

Equities

TPET

US89669L1089

Oil Related Services and Equipment

Real-time Estimate Cboe BZX 16:32:48 13/06/2024 BST 5-day change 1st Jan Change
0.283 USD -10.47% Intraday chart for Trio Petroleum Corp. +14.80% -8.87%

Business Summary

Trio Petroleum Corp. is an oil and gas exploration and development company. The Company has operations in Monterey County, California, and Uintah County, Utah. The Company has an 85.75% working interest in the South Salinas Project, and a mineral-leasehold of approximately 9,300 gross mineral acres in one largely contiguous land package. There are six existing idle wells and one active well (i.e., the HV-1 well) in the South Salinas Project. The Company has drilling permits from Monterey County for two additional wells at the South Salinas Project, the HV-2 well and the HV-4 well. It also has a 22% working interest in the McCool Ranch Oil Field in Monterey County, California and an option to acquire a 20% working interest in the approximately 30,000 acre Asphalt Ridge project in Uinta County, Utah. Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.

Number of employees: 7

Managers

Managers TitleAgeSince
Chief Executive Officer 63 30/06/22
President 67 18/07/21
Director of Finance/CFO 67 31/01/22
Chief Operating Officer 72 18/07/21
Director/Board Member 70 31/01/22

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 31/10/21
Chief Executive Officer 63 30/06/22
Director/Board Member 70 31/01/22
Director/Board Member 55 30/06/22
Chairman 92 18/07/21
Director/Board Member 82 31/10/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 37,661,823 30,206,734 ( 80.21 %) 0 80.21 %

Shareholders

NameEquities%Valuation
Naia Ventures LLC
6.502 %
2,400,000 6.502 % 564 000 $
Primal Nutrition, Inc.
5.969 %
2,203,089 5.969 % 517 726 $
1,185,000 3.210 % 278 475 $
Elpis Capital Ltd.
2.935 %
1,083,334 2.935 % 254 583 $
Gencap Fund I LLC
2.935 %
1,083,334 2.935 % 254 583 $
Robin Ross
2.872 %
1,060,000 2.872 % 249 100 $
877,000 2.376 % 206 095 $
675,000 1.829 % 158 625 $
650,000 1.761 % 152 750 $
650,000 1.761 % 152 750 $

Company contact information

Trio Petroleum Corp.

4115 Blackhawk Plaza Circle Suite 100

94506, Danville

+

http://www.triopetro.com
address Trio Petroleum Corp.(TPET)
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