Trio Petroleum (NYSEAMERICAN:TPET) is an independent energy company principally engaged in the acquisition, development and exploration of oil and natural gas properties in the United States. Headquartered in Houston, Texas, the company focuses on identifying high-potential acreage in prolific basins and applying technical expertise to maximize hydrocarbon recovery. Trio’s business model emphasizes disciplined, cost-effective drilling programs and the strategic acquisition of complementary assets to build a balanced portfolio of development and exploration opportunities.
The core of Trio Petroleum’s operations lies in the Permian Basin, where it holds working interests in multiple license areas spanning West Texas and Southeastern New Mexico. Leveraging modern geophysical analysis, horizontal drilling techniques and multi-stage hydraulic fracturing, the company has established a production platform targeting both oil-rich and associated gas zones. Trio’s technical team oversees well design, completion optimization and reservoir management to drive sustainable production growth and operational efficiency across its acreage.
Since its formation, Trio Petroleum has pursued a growth strategy centered on bolt-on acquisitions and joint venture partnerships with industry operators. By aligning with regional service providers and utilizing state-of-the-art drilling rigs and completion services, Trio aims to reduce cycle times and service costs. The company also evaluates emerging resource plays to diversify its portfolio and position itself for long-term value creation, including involvement in secondary recovery and enhanced oil recovery pilot projects.
Leadership at Trio Petroleum is headed by President and Chief Executive Officer, Peter H. Kagan, who brings decades of upstream experience, complemented by a senior management team with backgrounds in geology, reservoir engineering and capital markets. The board of directors combines technical, financial and operational expertise to oversee corporate governance and strategic planning. With a disciplined approach to resource development, Trio Petroleum continues to build its presence in one of North America’s most active oil and gas regions.
