Trio Petroleum Corp Announces Commencement of Production of Two Wells - its HV-1 Confirmation Well and its HV-3A Discovery Well in the South Salinas Project
Trio Petroleum Corp. (TPET)
Company Research
Source: GlobeNewswire
Bakersfield, CA, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today provided updates on its HV-1 confirmation well (“HV-1”) and its HV-3A discovery well (“HV-3A”) in the Company’s South Salinas Project. On December 27, the Company moved a rig onto location at its South Salinas Project to begin a workover of its HV-1 well, and subsequently the rig will move to its previously drilled HV-3A well. The Company estimates both wells should be producing on pump in mid- to late-January. A pumping unit and temporary facilities are already installed at the HV-1 well site and are now being reinstalled at the HV-3A well site. The HV-1 was drilled as a two-mile step-out from the previously drilled HV-3A well. The HV-1 location was chosen based on interpretation of 3-D seismic data with the goal of better defining the magnitude of the Presidents Field located in the large 9,267 acre South Salinas As
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TPET
Sec Filings
- 4/25/24 - Form 8-K
- 4/19/24 - Form 8-K
- 4/17/24 - Form 8-K
- TPET's page on the SEC website