🚨Trade Alert 🚨 TPET

🚨Trade Alert 🚨 TPET͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ With a very recent IPO, this energy company could be sitting on one of the biggest modern oil discoveries in California! Greetings Investors, The energy sector has been on a tear in the past year, being one of the best performing sectors of the S&P 500. Despite oil prices pulling back, oil had hit a 14-year high of $120 in the wake of Russians’ invasion of Ukraine and of course, big oil companies benefited immensely from the surge. As global economic recovery continues from the pandemic and the oil market disruption caused by the Russia-Ukraine war persists, this is a great time to have energy stocks on the radar as another oil rally may not be far off. "Energy stocks have performed well as management teams have shifted to returning cash to shareholders," said [Rob Thummel](~/AASl5QA~/RgRmQKFIP0SraHR0cHM6Ly93d3cuaG91c3Rvbm1vdXZlcy5jb20vZ3JvdXAvdmVuZG9yLWxpc3QvZGlzY3Vzc2lvbi82NzkwNTdmMi1hNmFiLTQxYmYtYTMzOC1lMGExNjg0ZGQ1NzA_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~) recently, a senior portfolio manager at TortoiseEcofin. With all that said, add Trio Petroleum Corp. (NYSE: TPET) to your radar… The company just made its~/AASl5QA~/RgRmQKFIP0SfaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL3RyaW8tcGV0cm9sZXVtLWNvcnAtYW5ub3VuY2VzLXByaWNpbmctMDEzOTAwNTI5Lmh0bWw_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~[IPO debut](~/AASl5QA~/RgRmQKFIP0SfaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL3RyaW8tcGV0cm9sZXVtLWNvcnAtYW5ub3VuY2VzLXByaWNpbmctMDEzOTAwNTI5Lmh0bWw_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~) in April and may be a tremendous contender as a value growth oil stock! Trading at just under $2 a share, this is a petroleum company that has been a growth story that is decades in the making… The company may now be in its most pivotal era since operations began in the early 1980’s! TPET is an oil and gas exploration and development company focused on strategic, high growth energy projects in California. It was only in 2022 that Frank Ingriselli, the former President of Texaco International & current President of NYSE American listed Indonesia Energy Corporation, joins Trio as CEO. With a new leader at the reign, all wheels are in motion to put TPET on the map as it progresses its South Salinas project. TPET has a large, approximately 9,267-acre asset called the “South Salinas Project Asset” where it owns an [85.75% working interest.](~/AASl5QA~/RgRmQKFIP0SgaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL3RyaW8tcGV0cm9sZXVtLWNvcnAtYW5ub3VuY2VzLWRyaWxsaW5nLTEyMDAwMDY2MC5odG1sP19reD1fLUhTcG8yeTlsRFdKZTVmSzZ4MzZiYUlmdXFyWVNqcm1Jd0lOT2pwT0Y5N3lwNV9vMzd3Tm9JTXpOVDBsMkRYLlRhOXJoTFcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~) The South Salinas project is in a world class region of MAJOR energy production and established industry infrastructure. Seneca Resources, ExxonMobil, Chevron… these are some of the giants taking advantage of this world class region. TPET’s Project is also surrounded by California’s prolific [world class oil](~/AASl5QA~/RgRmQKFIP0QiSFRUUFM6Ly9XV1cuU0hBTEVYUC5DT00vQ0FMSUZPUk5JQVcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~)~/AASl5QA~/RgRmQKFIP0QiSFRUUFM6Ly9XV1cuU0hBTEVYUC5DT00vQ0FMSUZPUk5JQVcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~producing basins and fields and is strategically located to multiple refinery options. It needs to be highlighted that TPET is already in the drilling phase! On May 5th the company announced that the [Ensign Drilling Rig #540](~/AASl5QA~/RgRmQKFIP0SgaHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL3RyaW8tcGV0cm9sZXVtLWNvcnAtYW5ub3VuY2VzLWRyaWxsaW5nLTEyMDAwMDY2MC5odG1sP19reD1fLUhTcG8yeTlsRFdKZTVmSzZ4MzZiYUlmdXFyWVNqcm1Jd0lOT2pwT0Y5N3lwNV9vMzd3Tm9JTXpOVDBsMkRYLlRhOXJoTFcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~) has commenced drilling operations on the company’s HV-1 well located at the South Salinas Project. It is anticipated that it will take about 20 days to drill the well to total depth. The HV-1 well location was chosen based on interpretation of three-dimensional seismic data and the well will help define the magnitude of this new oil and gas field. Mr. Frank Ingriselli, Trio’s Chief Executive Officer, commented “We are fortunate to be able to secure our drilling rig in the first week post-IPO, and to commence drilling operations in our third week post-IPO. This key milestone was accomplished in a much shorter timeframe than we originally anticipated, which was approximately two months. Our expedited timeline has accelerated our development plans to commercialize and produce from our asset, and we are optimistic that this could lead to a growth in shareholder value.” TPET could be on its way to becoming an oil producing machine and has just made its debut on Wall Street at small-cap prices…. This is an oil company to keep your eyes on! [(~/AASl5QA~/RgRmQKFIP0RnaHR0cHM6Ly90cmlvLXBldHJvbGV1bS5jb20vP19reD1fLUhTcG8yeTlsRFdKZTVmSzZ4MzZiYUlmdXFyWVNqcm1Jd0lOT2pwT0Y5N3lwNV9vMzd3Tm9JTXpOVDBsMkRYLlRhOXJoTFcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~) Trio Petroleum Corp. NYSE: TPET Company Overview: Trio Petroleum Corp. is an oil and gas exploration and development company headquartered in Bakersfield, California, with operations in Monterey County, California. The company has a large, approximately 9,267-acre asset called the “South Salinas Project Asset” where it owns an 85.75% working interest. TPET also plans to acquire additional assets and to grow a profitable exploration and production company. Trio’s immediate plans are to commence drilling of its HV-1 confirmation well followed by drilling a second well named HV-2. Previous operations on this asset have successfully drilled two (2) production/discovery wells which the company now owns. The HV-1 well commenced drilling only days ago! The South Salinas Project: The South Salinas Project's P10 (High) estimates of Original Oil In Place (OOIP) and Original Gas In Place (OGIP) under Trio's current leasehold are 2.12 billion barrels of oil (BBO) and 1.18 trillion cubic feet of gas (Tcf), respectively.¹ The project’s P2 Probable + P3 Possible recoverable oil and gas reserves under Trio’s current leasehold are an estimated 131 million barrels of oil plus 189 billion cubic feet of gas, or 163 million barrels of oil equivalent.¹ - RESERVES ATTRIBUTABLE TO TRIO PETROLEUM CORP., SOUTH SALINAS AREA, EFFECTIVE DATE NOVEMBER 1, 2021, KLS PETROLEUM CONSULTING LLC, KENNETH L. SCHUESSLER, P.E., MANAGING MEMBER A Notable Region: The San Joaquin Basin has produced 8.6+ BBO while the LA Basin has produced 1.2+ BBO produced! ([SOURCE](~/AASl5QA~/RgRmQKFIP0SEaHR0cHM6Ly93d3cuZWlhLmdvdi9ETkFWL1BFVC9QRVRfQ1JEX1BSRVNfRENVX1JDQUxfQS5IVE0_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~)) Below you can see the impressive discoveries made by some of the biggest oil companies and they did it around TPET’s project! SOURCES - [HTTPS://WWW.SHALEXP.COM/CALIFORNIA](~/AASl5QA~/RgRmQKFIP0RuaHR0cHM6Ly93d3cuc2hhbGV4cC5jb20vQ0FMSUZPUk5JQT9fa3g9Xy1IU3BvMnk5bERXSmU1Zks2eDM2YmFJZnVxcllTanJtSXdJTk9qcE9GOTd5cDVfbzM3d05vSU16TlQwbDJEWC5UYTlyaExXA3NwY0IKZFFIHF5kY48PxlIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQABeGx) - [HTTPS://WWW.EIA.GOV/DNAV/PET/PET_CRD_PRES_DCU_RCAL_A.HTM](~/AASl5QA~/RgRmQKFIP0SEaHR0cHM6Ly93d3cuZWlhLmdvdi9ETkFWL1BFVC9QRVRfQ1JEX1BSRVNfRENVX1JDQUxfQS5IVE0_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~) - [HTTPS://WWW.AERAENERGY.COM/OPERATIONS/SAN-ARDO/](~/AASl5QA~/RgRmQKFIP0R7aHR0cHM6Ly93d3cuYWVyYWVuZXJneS5jb20vT1BFUkFUSU9OUy9TQU4tQVJETy8_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~) - [HTTPS://WWW.EPA.GOV/SITES/PRODUCTION/FILES/2019-06/DOCUMENTS/MIDWAY_SUNSET_OIL_FIELD-KERN_SAN_LUIS_OBISPO-AE_ROD-2019-03-30.PDF](~/AASl5QA~/RgRmQKFIP0TLaHR0cHM6Ly93d3cuZXBhLmdvdi9TSVRFUy9QUk9EVUNUSU9OL0ZJTEVTLzIwMTktMDYvRE9DVU1FTlRTL01JRFdBWV9TVU5TRVRfT0lMX0ZJRUxELUtFUk5fU0FOX0xVSVNfT0JJU1BPLUFFX1JPRC0yMDE5LTAzLTMwLlBERj9fa3g9Xy1IU3BvMnk5bERXSmU1Zks2eDM2YmFJZnVxcllTanJtSXdJTk9qcE9GOTd5cDVfbzM3d05vSU16TlQwbDJEWC5UYTlyaExXA3NwY0IKZFFIHF5kY48PxlIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQABeGx) - [HTTPS://CRC.COM/OUR-BUSINESS/WHERE-WE-OPERATE/SAN-JOAQUIN-BASIN/ELK-HILLS-FIELD](~/AASl5QA~/RgRmQKFIP0RPSFRUUFM6Ly9DUkMuQ09NL09VUi1CVVNJTkVTUy9XSEVSRS1XRS1PUEVSQVRFL1NBTi1KT0FRVUlOLUJBU0lOL0VMSy1ISUxMUy1GSUVMRFcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~) - [HTTPS://WWW.EPA.GOV/SITES/PRODUCTION/FILES/2021-03/DOCUMENTS/EPA_LETTER-ROD-CALGEM-AQUIFER-EXEMPTION-TEMBLOR-FORMATION-COALINGA-JACALITOS-OIL-FIELDS-2021-03.PDF](~/AASl5QA~/RgRmQKFIP0TsaHR0cHM6Ly93d3cuZXBhLmdvdi9TSVRFUy9QUk9EVUNUSU9OL0ZJTEVTLzIwMjEtMDMvRE9DVU1FTlRTL0VQQV9MRVRURVItUk9ELUNBTEdFTS1BUVVJRkVSLUVYRU1QVElPTi1URU1CTE9SLUZPUk1BVElPTi1DT0FMSU5HQS1KQUNBTElUT1MtT0lMLUZJRUxEUy0yMDIxLTAzLlBERj9fa3g9Xy1IU3BvMnk5bERXSmU1Zks2eDM2YmFJZnVxcllTanJtSXdJTk9qcE9GOTd5cDVfbzM3d05vSU16TlQwbDJEWC5UYTlyaExXA3NwY0IKZFFIHF5kY48PxlIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQABeGx) A Game Changer for California’s Energy Market: [California’s Current Energy Market](~/AASl5QA~/RgRmQKFIP0RuaHR0cHM6Ly93d3cuc2hhbGV4cC5jb20vY2FsaWZvcm5pYT9fa3g9Xy1IU3BvMnk5bERXSmU1Zks2eDM2YmFJZnVxcllTanJtSXdJTk9qcE9GOTd5cDVfbzM3d05vSU16TlQwbDJEWC5UYTlyaExXA3NwY0IKZFFIHF5kY48PxlIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQABeGx)~/AASl5QA~/RgRmQKFIP0RuaHR0cHM6Ly93d3cuc2hhbGV4cC5jb20vY2FsaWZvcm5pYT9fa3g9Xy1IU3BvMnk5bERXSmU1Zks2eDM2YmFJZnVxcllTanJtSXdJTk9qcE9GOTd5cDVfbzM3d05vSU16TlQwbDJEWC5UYTlyaExXA3NwY0IKZFFIHF5kY48PxlIbdHJpc3RyYW1iYWxkd2luODdAZ21haWwuY29tWAQABeGxCalifornia is America’s 6th top oil producing state and 8th overall oil and gas producer. But it’s also the [2nd largest energy consumer](~/AASl5QA~/RgRmQKFIP0R5aHR0cHM6Ly93d3cuZWlhLmdvdi9zdGF0ZS9hbmFseXNpcy5waHA_c2lkPUNBJl9reD1fLUhTcG8yeTlsRFdKZTVmSzZ4MzZiYUlmdXFyWVNqcm1Jd0lOT2pwT0Y5N3lwNV9vMzd3Tm9JTXpOVDBsMkRYLlRhOXJoTFcDc3BjQgpkUUgcXmRjjw_GUht0cmlzdHJhbWJhbGR3aW44N0BnbWFpbC5jb21YBAAF4bE~) next to Texas, and the country’s largest consumer of gasoline and jet fuel. As a result, California imports 70% of the oil it needs, with foreign sources supplying almost 60%, up from [15% just 20 years ago!](~/AASl5QA~/RgRmQKFIP0S6aHR0cHM6Ly93d3cucmlnem9uZS5jb20vbmV3cy9jYWxpZm9ybmlhc19vaWxfaW5kdXN0cnlfY29sbGFwc2VzX2Rlc3BpdGVfc2hhbGVfYm9vbS0wMy1hcHItMjAxOS0xNTg1MTQtYXJ0aWNsZS8_X2t4PV8tSFNwbzJ5OWxEV0plNWZLNngzNmJhSWZ1cXJZU2pybUl3SU5PanBPRjk3eXA1X28zN3dOb0lNek5UMGwyRFguVGE5cmhMVwNzcGNCCmRRSBxeZGOPD8ZSG3RyaXN0cmFtYmFsZHdpbjg3QGdtYWlsLmNvbVgEAAXhsQ~~) TPET could be a revolutionary asset to helping the state reduce its dependency on imported oil. In Summary… To reiterate, The South Salinas Project is surrounded by California’s prolific world class oil producing basins and fields… TPET believes the project has the potential to be significant! Why else would Frank Ingriselli climb on board as CEO if he didn’t see the remarkable potential ahead? Ingriselli is a seasoned leader and entrepreneur with wide-ranging oil exploration and production experience spanning more than 42 years in the international energy industry. Frank is the former founder, Chairman and CEO of PEDEVCO Corp. (NYSE: PED), which acquires and develops energy assets in the US, and is the former founder, Chairman and CEO of Pacific Asia Petroleum, Inc., a NYSE publicly traded energy company with operations in Africa and China. Earlier in his career, he spent 23 years at Texaco, Inc. in senior executive positions involving E&P, merger and acquisition activities, pipeline operations, and corporate development, including serving as President of Texaco International Operations and President of Texaco Technology Ventures where he was responsible for over several billion dollars of investments. One look at the market caps of ExxonMobil (XOM), Chevron (NYSE: CVX) and Seneca Resources (NYSE: NFG) will show you the astronomical blue-sky growth potential that TPET may be sitting on! A very recent IPO, drilling already commenced, and neighbors with market caps in the billions, all make Trio Petroleum Corp. (NYSE: TPET) an oil company to watch closely! Copyright 2023 © SCDalerts.com is owned and operated by the owner of SCD Media LLC. Disclaimer and Privacy For more Information please contact info@smallcapsdaily.com This website provides information about the stock market and other investments. 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