Trio Petroleum Corp (NYSE American: TPET) is an oil and gas exploration and development company headquartered in Bakersfield, California, with operations in Monterey County, California. Trio has a large, approximately 8,600-acre asset called the “South Salinas Project” where it owns an 85.75% working interest. Trio, immediately after its IPO, successfully drilled and completed the HV-1 confirmation/discovery well, which currently (July-August, 2023) is being production tested, with initial test rates as high as 125 BOPD (see press releases regarding HV-1). Trio plans to follow by next drilling a well named HV-2. Previous operations on this asset have successfully drilled two (2) production/discovery wells which Trio now owns.
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