Trio Petroleum Corp. TPET

Company Overview

Trio Petroleum Corp. is an independent oil and gas exploration and production company focused on the acquisition, development, and operation of onshore energy assets in the United States. The company operates within the upstream energy sector, with activities centered on crude oil and natural gas production. Its primary revenue is derived from the sale of hydrocarbons produced from its operated and non-operated properties, with an emphasis on conventional oil development rather than unconventional shale plays.

The company’s core asset base is located in California, particularly in the South Salinas Basin, where Trio Petroleum holds interests in legacy oil fields with redevelopment potential. Its strategy emphasizes exploiting underdeveloped reservoirs using modern drilling, recompletion, and enhanced recovery techniques. Founded in 2021, Trio Petroleum became publicly traded through a reverse merger and has since focused on building a concentrated asset portfolio rather than broad geographic expansion, positioning itself as a small-cap operator targeting operational efficiency and incremental production growth.