---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-011613"
form_type: "8-K"
ticker: "TPET"
cik: "0001898766"
company_name: "Trio Petroleum Corp"
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-21T00:31:26.992534+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Trio Petroleum signs LOI to acquire 2,000 acres in Utah with 6.75B bbl OOIP

## Summary
- Non-binding LOI for 2,000 acres at P.R. Spring, Utah; estimated 6.75B barrels OOIP; up to 1,000 wells possible.
- Consideration: $150k non-refundable option paid; at closing $850k cash + 1,492,272 restricted shares to HSO.
- Trio to provide 100% of capex; 50/50 net profit split with HSO on project development.
- Closing contingent on proof of 40 bbl/day sustained for 30 days from each of two Asphalt Ridge wells.
- Trio allowed its option for additional 77.75% in Asphalt Ridge to expire.

## SEC filing metadata
- accession: 0001641172-25-011613
- form_type: 8-K
- ticker: TPET
- cik: 0001898766
- company_name: Trio Petroleum Corp
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898766/000164117225011613/0001641172-25-011613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898766/000164117225011613/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-011613
- JSON: https://secwatch.observer/filing/0001641172-25-011613.json
- Plain text: https://secwatch.observer/filing/0001641172-25-011613.txt

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