other material
confidence high
sentiment neutral
materiality 0.30
Trio Petroleum extends option on Asphalt Ridge leases to April 2025
Trio Petroleum Corp
- Amendment No. 4 extends option expiration from Dec 10, 2024 to Feb 10, 2025.
- Amendment No. 5 further extends option expiration to April 10, 2025.
- Option covers up to 20% production share on 960 acres in eastern Utah.
- Company previously funded $200k for 2% interest under prior amendments.