8-K filing — Trio Petroleum Corp (TPET)
Filed: 2026-09-30 AccNo: 0001493152-26-045044 Size: 349 KB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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Trio Petroleum (AMEX:TPET) reported quarterly losses of $(0.39) per share. This is a 75.16 percent increase over losses of $(1.57) per share from the same period last year. The company reported $348.581 thousand in
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Filed: 2026-09-30 AccNo: 0001493152-26-045044 Size: 349 KB Item 1.01: Entry into a Material Definitive Agreement Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Trio Petroleum Corp acquired 24 oil wells (4 producing, 20 shut-in) from Marlin Resources Ltd in Saskatchewan's Lloydminster region for CDN$800,000 cash plus an underutilized water disposal asset. The acquisition includes 37 BOPD of current production, a planned Cummings multilateral well with CDN$1.2 million development budget, and a CDN$425,000 workover program. The company expects the purchase price per flowing barrel to be discounted compared to market rates for comparable assets.