secwatch.observer — SEC 8-K summary
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Issuer:     Trio Petroleum Corp (TPET)
CIK:        0001898766
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001493152-23-013532
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trio Petroleum contracts Ensign to drill HV-1 well at ~$18,250/day; hires IR firm
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- Trio LLC and Ensign signed drilling contract for HV-1 confirmation well at Presidents Oilfield; day rate ~$18,250, work starts May 3, 2023.
- Initial term covers HV-1 well completion; option to extend for additional wells upon mutual agreement.
- Trio holds ~82.75% working interest in 8,600-acre South Salinas Project operated by Trio LLC.
- Company entered investor relations agreement with Apollo Shareholder Relations Ltd. for marketing and outreach services.
- Drilling contract requires Trio LLC to pay mobilization/demobilization fees and reimbursable costs for fluids and materials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898766/000149315223013532/0001493152-23-013532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898766/000149315223013532/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-013532

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