Company: TPET
Filing Date: 2025-06-10
Form Type: 10-Q
Source: 0001641172-25-014516
Chunk: 117

Company: Trio Petroleum Corp.
Filing Date: 2025-06-10
Form: 10-Q
Item: Part I, Item 8
Chunk 117
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Quarterly Report on Form 10-Q contains forward-looking statements that can involve substantial risks and uncertainties. All statements
other than statements of historical facts contained in this Quarterly Report, including statements regarding our future results of operations
and financial position, business strategy, prospective products, product approvals, research and development costs, future revenue, timing
and likelihood of success, plans and objectives of management for future operations, future results of anticipated products and prospects,
plans and objectives of management are forward-looking statements. These statements involve known and unknown risks, uncertainties and
other important factors that may cause our actual results, performance or achievements to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking statements.

In
some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “contemplate,”
“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,”
“potential,” “predict,” “project,” “should,” “target,” “will,”
or “would” or the negative of these terms or other similar expressions, although not all forward-looking statements contain
these words. Risks, risk factors and uncertainties involved in forward-looking statements contained in this Form 10-Q include, but are
not limited to, the following:

    ●
    our
    ability to find, acquire or gain access to other properties, discoveries and prospects and to successfully develop our current properties,
    discoveries and prospects;

    ●
    uncertainties
    inherent in making estimates of our oil and natural gas resources;

    ●
    the
    successful implementation of our prospective discovery, development and drilling plans with the South Salinas Project;

    ●
    projected
    and targeted capital expenditures and other costs, commitments and revenues;

    ●
    our
    dependence on our key management personnel and our ability to attract and retain qualified technical personnel;

    ●
    the
    ability to obtain financing and the terms under which such financing may be available;

    ●
    the
    volatility of oil and natural gas prices;

    ●
    the
    availability and cost of developing appropriate infrastructure around and transportation to our discoveries and prospects;

    ●
    the
    availability and cost of drilling rigs, production equipment, supplies, personnel and oilfield services;

    ●
    other
    competitive pressures;

24

    ●
    potential
    liabilities inherent in oil and natural gas operations, including drilling risks and other