Trio Petroleum Corp To Present at LD Micro XVI Main Event Investor Conference on Tuesday, October 3rd at 3:00pm PT
27 Setembro 2023 - 10:00AM
Trio Petroleum Corp (NYSE American: TPET) (“
Trio”
or the “
Company”), a California-based oil and gas
company, today announced its President, Frank Ingriselli and its
Director, Michael L. Peterson, will be presenting at the LD Micro
XVI Main Event investor conference on Tuesday, October
3rd at 3:00pm PT. The event will be held in-person at the
Luxe Sunset Boulevard Hotel in Los Angeles and will be
available to live stream virtually.
LD Micro Main Event – Trio Petroleum
Corp Investor
PresentationDate: Tuesday, October 3,
2023Time: 3:00pm Pacific TimeLive Webcast
https://me23.sequireevents.com
The presentation will also be available for
replay on Trio’s website for 30 days at:
https://ir.trio-petroleum.com/events-presentation/
Last week Trio provided an update on its HV-1
discovery well, noting that the Brown Zone (aka Brown Chert) in the
HV-1 well was perforated on September 7 with 350 feet of
perforations across a gross interval from 5,465 to 5,850 feet
measured depth and then acidized for borehole clean-up. The well
was then tested by swabbing for seven days during the September
8-18 timeframe. A pumping unit is now being installed at the HV-1
well for further testing of the Brown Zone and temporary tanks and
other facilities are also being installed at the well site. Results
of pumping will be announced when available.
The Brown Zone in the HV-1 well is mechanically
isolated from the deeper Mid-Monterey Clay zone that we previously
tested with results previously announced. Swab testing to-date
suggests that the Brown Zone and the Mid-Monterey Clay
collectively, if commingled, might deliver approximately 145
barrels of oil per day (BOPD), with potentially significantly
higher oil production rates when the well is on pump.
About Trio Petroleum Corp
Trio Petroleum Corp is an oil and gas
exploration and development company headquartered in Bakersfield,
California, with operations in Monterey County, California. Trio
has a large, approximately 9,267-acre asset called the “South
Salinas Project” where it owns an 85.75% working interest. Trio’s
near-term plans include testing and producing the HV-1 well, and
then drilling the HV-2 and HV-4 wells. Previous operations on this
asset have successfully drilled two (2) production/discovery wells
(i.e., the HV-3A and BM 2-2 wells) that Trio now owns.
Cautionary Statement Regarding Forward-Looking
Statements
All statements in this press release of Trio
Petroleum Corp (“Trio”) and its representatives and partners that
are not based on historical fact are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995 and the provisions of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended (the “Acts”). In particular, when used in the
preceding discussion, the words "estimates," "believes," "hopes,"
"expects," "intends," “on-track”, "plans," "anticipates," or "may,"
and similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Acts and are
subject to the safe harbor created by the Acts. Any statements made
in this news release other than those of historical fact, about an
action, event or development, are forward-looking statements. While
management has based any forward-looking statements contained
herein on its current expectations, the information on which such
expectations were based may change. These forward-looking
statements rely on a number of assumptions concerning future events
and are subject to a number of risks, uncertainties, and other
factors, many of which are outside of the Trio's control, that
could cause actual results to materially and adversely differ from
such statements. Such risks, uncertainties, and other factors
include, but are not necessarily limited to, those set forth in the
Risk Factors section of the Trio’s S-1 filed with the Securities
and Exchange Commission (SEC). Copies are of such documents are
available on the SEC's website, www.sec.gov. Trio undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Investor Relations Contact:Redwood Empire
Financial CommunicationsMichael Bayes(404) 809
4172michael@redwoodefc.com
Trio Petroleum (AMEX:TPET)
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