Asphalt Ridge Option Period to Acquire Remaining 17.75% Working Interest Extended to February 10, 2025
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Trio Petroleum Corp has extended the option period to acquire the remaining 17.75% working interest in the Asphalt Ridge Project in Uintah County, Utah, until February 10, 2025.
November 26, 2024 | 1:45 pm
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POSITIVE IMPACT
Trio Petroleum Corp has extended its option period to acquire the remaining 17.75% working interest in the Asphalt Ridge Project until February 10, 2025. This extension provides Trio with more time to evaluate and potentially increase its stake in the project.
The extension of the option period allows Trio Petroleum Corp more time to assess the potential benefits of increasing its stake in the Asphalt Ridge Project. This could be seen as a positive move, indicating the company's interest in expanding its assets, which may lead to future growth opportunities.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100