Company: TPET
Filing Date: 2025-03-05
Form Type: S-8
Source: 0001493152-25-009234
Chunk: 45

Company: Trio Petroleum Corp.
Filing Date: 2025-03-05
Form: S-8
Chunk 45
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 be required to make large expenditures to comply with governmental laws and regulations, particularly in respect of the following matters:

| ● | permits                                                                                
 for drilling, long-term production, water disposal, conditional use and other matters; |
| ● | licenses                                                                               
 for drilling operations;                                                               |
| ● | tax                                                                                    
 increases, including retroactive claims;                                               |
| ● | unitization                                                                            
 of oil accumulations;                                                                  |
| ● | local                                                                                  
 content requirements (including the mandatory use of local partners and vendors); and  |
| ● | environmental                                                                          
 requirements and obligations, including remediation or investigation activities.       |

Under these and other laws and regulations, we could be liable for personal injuries, property damage and other types of damages. Failure to comply with these laws and regulations also may result in the suspension or termination of our operations and subject us to administrative, civil and criminal penalties. Moreover, these laws and regulations could change, or their interpretations could change, in ways that could substantially increase our costs. These risks may be higher in developing countries in which we may at some point in the future decide to conduct our operations, where there could be a lack of clarity or lack of consistency in the application of these laws and regulations. Any resulting liabilities, penalties, suspensions or terminations could have a material adverse effect on our financial condition and results of operations.

| 25 |

We and our operations are subject to numerous environmental, health and safety regulations which may result in material liabilities and costs.

We and our operations are subject to various international, foreign, federal, state and local environmental, health and safety laws and regulations governing, among other things, the emission and discharge of pollutants into the ground, air or water, the generation, storage, handling, use and transportation of regulated materials and the health and safety of our employees. We are required to obtain environmental permits from governmental authorities for our operations, including drilling permits for our wells. We have not been or may not be at all times in complete compliance with these permits and the environmental laws and regulations to which we are subject, and there is a risk that these laws and regulations could change in the future or become more stringent. If we violate or fail to comply with these laws, regulations or permits, we could be fined or otherwise sanctioned by regulators, including through the revocation of our permits or the suspension or termination of our operations. If we fail to obtain permits in a timely manner or at all (due to opposition from community or environmental interest groups, governmental delays or any other reasons