Departed
Terrence B. Eschner
President
TPET ·
Trio Petroleum Corp
Termination of Terrence B. Eschner as President and Steven Rowlee as Chief Operating Officer
Ready 8-Ks
50
Latest filing
July 1, 2026, 4:30 PM ET
Top materiality
0.75
Event mix
other_material ×25 · leadership ×7 · m_and_a ×7
Sentiment
9 pos · 10 neg · 31 neu
Executive change
recent →
Recent 8-K filings for TPET
Highest-materiality recent filing
Trio Petroleum expands ATM offering to $65M after public float exceeds $75M threshold
- Public float exceeded $75M as of April 14, 2026, removing Form S-3 I.B.6 sales cap.
- Amendment No. 10 ups available ATM shares to $65M; total max offering now $89.2M.
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Trio Petroleum amends CFO Overholtzer's contract, raises monthly fee to $17,000
Monthly compensation for CFO Greg Overholtzer increased from $15,000 to $17,000 effective July 1, 2026.
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Trio Petroleum CEO Robin Ross gets base salary increase to $600k, 1.5M share award, higher bonus
CEO Robin Ross salary increased from $400k to $600k effective June 1; bonus max raised from 100% to 200%.
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Trio Petroleum shareholders approve reverse stock split (1:2-1:10) and equity plan increase
Reverse stock split approved with 10.3M FOR vs 2.4M AGAINST; ratio between 1:2 and 1:10 set by board.
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Trio Petroleum expands ATM offering to $65M after public float exceeds $75M threshold
Public float exceeded $75M as of April 14, 2026, removing Form S-3 I.B.6 sales cap.
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Trio Petroleum extends LOI deadline for HSO acquisition to May 2028 after production condition unmet
Condition requiring 40 bbl/day for 30 days from two Asphalt Ridge wells was not met as of April 20, 2026.
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Trio Petroleum updates ATM offering: $1.28M remaining out of $24.2M maximum
Filed Amendment No. 9 to ATM prospectus supplement on April 10, 2026, increasing maximum offering to $24,208,000.
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Trio Petroleum files Amendment No. 8 to ATM prospectus; total sales reach $21.9M
Trio Petroleum raised ~$21.9M through ATM stock sales from Jan 9 to April 8, 2026, issuing 23.6M shares.
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Trio Petroleum updates ATM offering; $20.97M sold through April 7, 2026
As of April 7, 2026, Trio raised $20,972,479 via ATM sales of 22,025,654 shares.
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Trio Petroleum updates ATM: $20.97M max, $20.03M sold as of Apr 6, 2026
Filed Amendment No. 6 to ATM prospectus supplement, increasing maximum offering to $20,973,000.
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Trio Petroleum files Amendment No. 5 to ATM prospectus; remaining $1.01M available for sale
Amendment No. 5 filed March 30, 2026: remaining ATM capacity is now $1,010,000.
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Trio Petroleum settles $392,700 legal fee debt by issuing 446,149 common shares to law firm
Company issued 446,149 restricted shares to McDermott Will & Schulte LLP to settle $392,700.23 in unpaid legal fees.
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Trio Petroleum sets 2026 Annual Meeting for May 21; record date March 26
2026 Annual Meeting will be held virtually on Thursday, May 21, 2026.
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Trio Petroleum files Amendment No. 4 to ATM prospectus, ups available shares to $1.641M
Filed Amendment No. 4 on March 10, 2026, making $1,641,000 in common stock available for sale.
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Trio Petroleum updates ATM program; $13.4M in stock already sold, $4M remaining
On March 5, 2026, Trio filed Amendment No. 3 to its prospectus supplement, updating shares eligible for sale under the ATM agreement with Ladenburg Thalmann.
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Trio Petroleum amends ATM prospectus, ups available shares to $6.5M
Filed Amendment No. 2 on March 4, 2026, updating shares eligible under Instruction I.B.6.
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Trio Petroleum amends ATM prospectus; updates eligible share amount to $3.29M
Aggregate amount of shares eligible for sale under ATM reduced to $3,292,000 per Amendment No. 1.
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Trio Petroleum enters $3.6M ATM equity facility with Ladenburg Thalmann
ATM agreement allows sale of up to $3.6M in common stock through agent Ladenburg Thalmann.
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Trio Petroleum acquires Saskatchewan heavy oil assets from Novacor for 912,875 shares
Assets include four wells: three producing ~30 bbl/d combined, one expected ~20 bbl/d.
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Trio Petroleum enters IR consulting agreement with Redwood; issues 50,000 restricted shares
Engaged Redwood Empire Financial Communications for IR services from Jan 1, 2026 to June 30, 2026.
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Trio Petroleum closes acquisition of Alberta oil lease with 60-70 bpd production potential
Acquired NW 7-50-1W4 mineral lease (160 acres) for CD$150k cash plus CD$150k in restricted shares (104,227 shares).
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Trio Petroleum acquires Alberta oil and gas assets for CAD$300K in cash and stock
Asset Purchase Agreement with Capital Land Services Ltd. for mineral leasehold interests in Vermilion River County, Alberta.
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Trio Petroleum Corp closes $1.2M convertible note financing
Issued three unsecured convertible notes with aggregate principal of $1.2M to institutional investors; net proceeds $928,600 after fees.
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Trio Petroleum director resigns, CEO gets salary raise to $400K and 625K shares
Stanford Eschner resigns as Vice Chairman and director effective Aug 1, 2025; becomes consultant through Dec 31, 2025.
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Elected William J. Hunter and James H. Blake as Class III directors.
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Trio Petroleum terminates McCool Ranch acquisition, suspends operations due to cost issues
On May 27, 2025, Trio and Trio LLC mutually terminated the McCool Ranch oil field acquisition agreement; no refund of prior payments.
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Trio closes acquisition of Novacor heavy oil assets; $650K cash plus 526,536 shares
Completed second closing of TWP47 assets; total cash consideration US$650,000 plus 526,536 restricted shares.
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Trio Petroleum signs LOI to acquire 2,000 acres in Utah with 6.75B bbl OOIP
Non-binding LOI for 2,000 acres at P.R. Spring, Utah; estimated 6.75B barrels OOIP; up to 1,000 wells possible.
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Trio Petroleum extends Asphalt Ridge option expiration to May 10, 2025
Amendment No. 6 extends the option expiration date by one month, from April 10, 2025 to May 10, 2025.
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Trio Petroleum issues amended convertible note for $606K; conversion floor at $0.48
Original note principal $321,176 (April 11) later amended to $712,941 (April 17); funding amount rose to $606,000.
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Trio Petroleum acquires producing heavy oil assets in Saskatchewan for $650K cash + 526K shares
Purchase price: $650K cash (incl. $65K deposit) + 526,536 restricted TPET shares.
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Trio Petroleum extends option on Asphalt Ridge leases to April 2025
Amendment No. 4 extends option expiration from Dec 10, 2024 to Feb 10, 2025.
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Amendment No.1 extends $285,852 note payments: $142,926 due Feb 28 instead of Jan 30; five monthly payments through June 30, 2025.
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Trio Petroleum repays $1.6M in convertible notes, terminates security interest
Fully repaid $1.6M aggregate principal of senior secured convertible promissory notes.
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Trio Petroleum terminates President and COO effective Jan 2, 2025
President Terrence B. Eschner and COO Steven Rowlee terminated effective January 2, 2025.
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Trio Petroleum transitions CFO Greg Overholtzer to independent contractor with $12,500 monthly fee
Prior employment agreement with CFO Greg Overholtzer terminated Dec 31, 2024.
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Trio Petroleum signs LOI to acquire producing heavy oil assets in Saskatchewan for CD$2M
Purchase price CD$2M (~US$1.4M): US$650K cash + Trio common shares; US$65K deposit paid.
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Trio Petroleum halted by NYSE American; 1:20 reverse stock split set for Nov 14
NYSE American halted trading in Trio common stock on Nov 5 due to low selling price violating Section 1003(f)(v).
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Trio Petroleum announces 1:20 reverse stock split effective Nov 14, 2024
Board approved 1-for-20 reverse stock split on Oct 23, 2024; ratio within range approved by stockholders on Aug 15, 2024.
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Trio Petroleum appoints James Blake to board; grants restricted stock to directors, CFO
James Blake appointed as Class II Director effective Oct 21, 2024; received 250,000 restricted stock shares vesting in 6 months.
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ATM Agreement with Spartan Capital Securities for up to $4.8M of common stock; 3% sales commission.
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Trio Petroleum extends maturity dates of convertible promissory notes and amends conversion prices
On September 16, 2024, Trio Petroleum entered into amendments with two institutional investors to extend maturity of April 2024 Notes from September 16 to October 16, 2024.
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Trio Petroleum enters media advertising agreement; pays $100K cash + 250K shares
Consultant to provide marketing and business development services under Media Advertising Agreement dated Sep 9, 2024.
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Trio Petroleum shareholders approve reverse split up to 1:20, expand equity plan, extend notes
Voters authorized reverse stock split in range of 1-for-5 to 1-for-20 at Board discretion.
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Raised gross $225k, net $199,250 via 12% note due May 30, 2025; convertible at 75% of market price (floor $0.18).
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Trio Petroleum raises $134K via 12% OID note; conversion at 75% of market
Gross proceeds $134K; net $110,625 after offering expenses; principal $152K with $18K OID.
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Trio Petroleum appoints co-founder Robin Ross as CEO; Michael Peterson resigns
Michael L. Peterson resigned as CEO and director effective July 11, 2024.
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Trio Petroleum raises $720K via convertible notes and warrants
Issued $800K principal Senior Secured Convertible Notes at 10% OID to two institutional investors for $720K net proceeds.
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Trio Petroleum appoints co-founder Robin Ross as Chairman; Ingriselli resigns
Frank Ingriselli resigned as director and Vice Chairman effective June 17, 2024; no disagreement cited.
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Trio Petroleum Corp. postpones Annual Meeting to August 15, 2024; record date moved to June 18, 2024
Annual Meeting date changed from June 27, 2024 to August 15, 2024.
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Trio Petroleum appoints Bush & Associates as new auditor effective May 8, 2024
Dismissed BF Borgers CPA PC as auditor on May 6, 2024 (previously reported).
Executive changes
Departed
Steven Rowlee
Chief Operating Officer
TPET ·
Trio Petroleum Corp
Termination of Terrence B. Eschner as President and Steven Rowlee as Chief Operating Officer
Appointed
James Blake
Class II Director
TPET ·
Trio Petroleum Corp
Effective as of October 21, 2024, the Board of Directors (the “Board”) of Trio Petroleum Corp. (the “Company”) appointed James Blake, as a member of the Board to serve as a Class II Director filling the vacancy created by the previous resignation of Michael L. Peterson.
Appointed
Robin Ross
Chief Executive Officer
TPET ·
Trio Petroleum Corp
On July 11, 2024, the Company and Robin Ross entered into an employment agreement (the “Ross Employment Agreement”), effective as of July 11, 2024 (the “Ross Employment Agreement Effective Date”), pursuant to which Mr. Ross will serve as Chief Executive Officer of the Company, replacing Mr. Peterson, and will also continue to serve as the Chairman of the Board.
Departed
Michael L. Peterson
Chief Executive Officer
TPET ·
Trio Petroleum Corp
On July 9, 2024, Michael L. Peterson delivered to the Board of Directors (“Board”) of Trio Petroleum Corp. (the “Company”) a notice of his resignation as the Company’s Chief Executive Officer and a member of the Board, effective on July 11, 2024 (the “Resignation Effective Date”).
Departed
Frank C. Ingriselli
Vice Chairman
TPET ·
Trio Petroleum Corp
Frank C. Ingriselli delivered to the Board of Directors ("Board") of Trio Petroleum Corp. (the "Company") a notice of his resignation as a director and as Vice Chairman of the Board, effective immediately.
Role change
Stan Eschner
Vice Chairman
TPET ·
Trio Petroleum Corp
Stan Eschner stepped down from his position as Chairman of the Board and the Board appointed him as Vice Chairman of the Board to replace Mr. Ingriselli in that position.
Appointed
Robin Ross
Chairman
TPET ·
Trio Petroleum Corp
the Board appointed Robin Ross, a former director of the Company, as a Director and the Chairman of the Board to replace Mr. Eschner in that position.
Appointed
Michael L. Peterson
Chief Executive Officer
TPET ·
Trio Petroleum Corp
On October 16, 2023, the Company and Michael L. Peterson entered into an employment agreement (the “Peterson Employment Agreement”), effective as of October 23, 2023 (the “Peterson Employment Agreement Effective Date”), pursuant to which Mr. Peterson will serve as Chief Executive Officer of the Company, replacing Mr. Ingriselli.
Role change
Frank C. Ingriselli
Chief Executive Officer
TPET ·
Trio Petroleum Corp
On October 6, 2023, Frank C. Ingriselli delivered to the Board of Directors (“Board”) of Trio Petroleum Corp. (the “Company”) a notice of his resignation as the Company’s Chief Executive Officer, effective on October 23, 2023 (the “Resignation Effective Date”).
Departed
Robin Ross
Director
TPET ·
Trio Petroleum Corp
On May 9, 2023, Robin Ross, a director of Trio Petroleum Corp. (the “Company”), announced his resignation from the Company’s Board of Directors (the “Board”), effective immediately.
Materiality & sentiment trend
Max materiality 0.75 · Median 0.60 · Most common event other_material