Trio Petroleum Corp. Acquires Cash-Flow-Positive Heavy Oil Assets in Saskatchewan.

Trio Petroleum Corp. has acquired Saskatchewan heavy oil assets from NovaCor Exploration Ltd. The assets include producing heavy oil wells, equipment, and infrastructure, along with development and optimization opportunities. Trio expects the acquisition to be accretive to earnings and cash flow. The transaction is Trio's first in the province of Saskatchewan and highlights opportunities in the North Half of Section 3-48-24W3.