Trio Petroleum

Asphalt Ridge

Trio Petroleum is developing the Asphalt Ridge project, one of the largest Heavy Oil and Tar Sand accumulations in North America.

Asphalt Ridge – Multi-Billion-Dollar Opportunity

Asphalt Ridge

One of the largest Heavy Oil and Tar Sand accumulations in North America. Located in Uinta Basin, Utah

Overview:

  • Trio currently owns 2.25% WI of 960 acres
  • Has option to acquire additional17.75% for $1,775,000
  • Each 240 acres has $1B PV10 Value $4B Potential Value
  • HSO 2-4 and 8-4 wells drilled May-June 2024 

Asphalt Ridge – Initial
Development Timeline

First 2 wells drilled May-June 2024 

Asphalt Ridge –
Northeast Utah

Asphalt Ridge heavy oil and tar sand accumulation

Map 68, Energy Resources Map of Utah. UGMS, 1983 

Asphalt Ridge – Development Visualization

For more information on
Trio Petroleum, get in touch!