Trio Petroleum Enters Asset Purchase Agreement
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Trio Petroleum Corp. (TPET) has announced an Asset Purchase Agreement with its subsidiary and Capital Land Services Ltd. to acquire oil and gas assets in Alberta, Canada, valued at CD$150,000. The deal is contingent on the closing of the Revitalize/PWC Transaction and court approvals. This acquisition aims to enhance Trio Petroleum's asset portfolio in the oil and gas sector. The company, based in Delaware, focuses on managing petroleum and natural gas assets, with a current market cap of $9.12M and an average trading volume of 349,814.
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