Trio Petroleum Regains NYSE Listing Compliance
Trio Petroleum Regains NYSE Listing Compliance
Trio Petroleum Corp (NYSE American: "TPET", "Trio" or the "Company"), a California-based oil and gas company, announced that on May 1, 2024, New York Stock Exchange Regulation department provided formal written notice to the Company that it had regained compliance with the NYSE American continuing listing standards as set forth in Part 10 of the NYSE American Company Guide.
總部位於加利福尼亞的石油和天然氣公司三重石油公司(紐約證券交易所美國股票代碼:“TPET”、“Trio” 或 “公司”)宣佈,2024年5月1日,紐約證券交易所監管部門向該公司提供了正式書面通知,稱其已恢復遵守紐約證券交易所美國公司指南第10部分規定的紐約證券交易所美國持續上市標準。
"This is a very positive development for the Company," commented Michael Peterson, CEO of Trio. "Our Company has recently executed on several important milestones in our operations since I assumed the position of Chief Executive Officer in February. First, we relaunched operations on multiple oil producing leases we own in California in February and March. Second, we have begun selling our produced oil at commercially marketable scale in April."
Trio首席執行官邁克爾·彼得森評論說:“這對公司來說是一個非常積極的發展。”“自從我於二月份擔任首席執行官以來,我們公司最近在運營中實現了幾個重要的里程碑。首先,我們在二月和三月重新啓動了我們在加利福尼亞擁有的多個石油生產租約的運營。其次,我們已於4月開始以商業可銷售的規模出售我們生產的石油。”
"Most importantly, we currently have a drilling rig on location at our Asphalt Ridge project in northeastern Utah. We potentially stand to unlock significant shareholder value in the immediate term, and regaining NYSE American listing compliance should help shift investor focus back onto our positive business activities instead of listing compliance. We look forward to sharing additional updates on our operations in California and Utah in the coming weeks, concluded Mr. Peterson."
“最重要的是,我們目前在猶他州東北部的瀝青嶺項目中有一臺鑽機在現場。我們有可能在短期內釋放可觀的股東價值,恢復紐約證券交易所美國上市合規性應有助於將投資者的注意力轉移到我們積極的業務活動上,而不是上市合規上。彼得森先生總結道,我們期待在未來幾周內分享我們在加利福尼亞和猶他州運營的更多最新情況。”
譯文內容由第三人軟體翻譯。