Trio Petroleum Acquires Producing Oil Assets in Alberta
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Trio Petroleum Corp. has acquired a mineral lease in Alberta, Canada, which includes four producing wells expected to yield 60 to 70 barrels of oil per day. The acquisition, totaling $310,000, enhances Trio's portfolio with immediate production and long-term growth opportunities. Two wells will start production after license transfers, while the other two are pending transfer from the Orphan Well Association. The site features modern facilities for efficient operations and revenue generation.
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