---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-030685"
form_type: "8-K"
ticker: "TPET"
cik: "0001898766"
company_name: "Trio Petroleum Corp"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:19:15.139144+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Trio Petroleum raises $225k via convertible note, extends Asphalt Ridge option, expects first oil Aug-Sep 2024

## Summary
- Raised gross $225k, net $199,250 via 12% note due May 30, 2025; convertible at 75% of market price (floor $0.18).
- Option to acquire additional 17.75% working interest in Asphalt Ridge extended to October 10, 2024.
- Upgraded downhole-heater to 300°F at HSO 2-4 well; first oil expected August-September 2024.
- Third well drilling planned for August-September 2024.
- Current 2.25% working interest in 960 acres; option for up to 17.75% more and additional acreage.

## SEC filing metadata
- accession: 0001493152-24-030685
- form_type: 8-K
- ticker: TPET
- cik: 0001898766
- company_name: Trio Petroleum Corp
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898766/000149315224030685/0001493152-24-030685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898766/000149315224030685/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-030685
- JSON: https://secwatch.observer/filing/0001493152-24-030685.json
- Plain text: https://secwatch.observer/filing/0001493152-24-030685.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.