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Trio Petroleum Corp
5401 Business Park, Suite 115
BAKERSFIELD, CA  93309  United States Ticker: TPETTPET
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
1/31/202410/31/2023YesYes--Yes

Industries
SIC Code Description
1311 Crude petroleum and natural gas
1389 Oil and gas field services, not elsewhere classified
1381 Drilling oil and gas wells

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board StanfordEschner 91 7/19/2021 7/19/2021
President Terence B.Eschner 66 7/19/2021 7/19/2021
Chief Executive Officer, Director Michael L.Peterson 60 10/23/2023 7/1/2022
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 7 (As of 12/23/2023)
Outstanding Shares: 37,661,823 (As of 4/16/2024)
Stock Exchange: ASE
Federal Tax Id: 871968201


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Friday, April 26, 2024