Trio Petroleum Corp Provides Update on Monterey County Operations
Retrieved on:
Tuesday, March 19, 2024
Bakersfield, CA, March 19, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided an update on its operations in Monterey County, California, including at the McCool Ranch Field (“McCool Ranch”) and at the Presidents Field.
Key Points:
- McCool Ranch Field HH-1 Well Producing ~47 Barrels of Oil per Day; 58X and 35X Wells to be Restarted Shortly
Presidents Field HV-3A Well to be Restarted Shortly at S. Salinas Project
Bakersfield, CA, March 19, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, today provided an update on its operations in Monterey County, California, including at the McCool Ranch Field (“McCool Ranch”) and at the Presidents Field. - The 58X well at McCool Ranch was also put back on production but was temporarily idled in order to perform a heat treatment that should be accomplished shortly.
- The 35X well at McCool Ranch has been hooked-up to power and it should also be put back on production shortly.
- As a result, TPET should soon have four actively producing oil wells, three at McCool Ranch Field and one at Presidents Field.