Trio Petroleum Corp

Trio Petroleum Corp is a U.S.-based oil and gas exploration and development company focused on crude petroleum and natural gas properties. Its business centers on acquiring, exploring, and developing upstream assets, with projects that may include drilling, production, and related infrastructure access in the United States.

743,4 %

−24 273,8 %

−85,9 %

0.58

0.58

— Trio Petroleum Corp
%
Exploration and development20% Identification, acquisition, and technical evaluation of oil and gas prospects and leases.
Crude oil production45% Production of crude petroleum from developed oil fields and wells.
Natural gas production20% Production and sale of associated or non-associated natural gas from upstream assets.
Field services and infrastructure access15% Use of drilling rigs, pipelines, processing, and transport infrastructure to move hydrocarbons to market.

Trio Petroleum sells into the upstream energy value chain, where output is ultimately purchased by refiners,...

  • Crude oil purchasersprimary

    Buy produced crude petroleum from the company's oil fields for refining and resale.

  • Natural gas processors and marketersprimary

    Buy or process produced gas so it can be transported and sold into market channels.

  • Midstream infrastructure counterpartiessecondary

    Provide pipelines, trucking, and processing access that enables production to reach buyers.

  • Industrial energy userssecondary

    Indirect end-market demand for oil and gas products that supports pricing and offtake.

Trio Petroleum is a U.S.-based company, and its reported operations and projects are centered in the United States...

  • •Headquartered in the United States
  • •Operations and projects are centered in U.S. oil and gas assets
  • •South Salinas Project is a key domestic development area
  • •McCool Ranch Oil Field is another U.S. operating asset
  • •U.S. infrastructure and regulation shape market access

The company’s strategic direction is tied to advancing its upstream oil and gas assets toward commercial production and...

01
Develop core oil and gas projectsmedium-term

Future value depends on converting acreage and prospects into producing assets.

02
Secure infrastructure and market accessshort-term

Production can only generate revenue if it can be processed and transported to buyers.

03
Improve operational self-sufficiencymedium-term

Reliable power and gas supply can reduce shutdown risk and support field operations.

Trio Petroleum faces the standard risks of an upstream oil and gas developer, including drilling uncertainty, reserve...

high

Exploration and drilling failure

Upstream projects may not result in commercially viable production, reducing returns on capital.

Scope
Oil and gas exploration and development
Materiality
high
high

Infrastructure and market access constraints

Production cannot be sold if pipelines, processing, trucking, or rigs are unavailable.

Scope
Future oil and gas production
Materiality
high
high

Commodity price volatility

Oil and gas prices directly affect revenue, project economics, and reserve value.

Scope
Crude oil and natural gas sales
Materiality
high
medium

Energy transition and environmental regulation

Methane, carbon, and climate rules can increase compliance burden and constrain demand.

Scope
U.S. oil and gas operations
Materiality
medium
Successful efforts method
Oil and gas exploration costs
Oil and gas property impairment
Carrying value of upstream assets
Level 3 fair value estimates
Asset valuation and impairment charges

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: 29/04/2026