Trio Petroleum closes acquisition of Alberta oil lease with 60-70 bpd production potential

Trio Petroleum Corp

Acquired NW 7-50-1W4 mineral lease (160 acres) for CD$150k cash plus CD$150k in restricted shares (104,227 shares).
Four fully equipped producing wells expected to deliver 60–70 barrels of oil per day.
Two wells to start immediately upon license transfer; two held by OWA pending AER approval.
Property offers multiple re-entry and new drilling opportunities with existing surface infrastructure.
CEO targets 1,000 bpd from Canadian independents as part of 2026 growth plan.

item 2.01 item 3.02 item 7.01 item 9.01

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