(Source: Shutterstock/ Trio Petroleum)
Trio Petroleum Corp.’s co-founder and former board member Robin Ross has rejoined the California E&P’s board of directors, the company announced June 20.
Effective June 17, Ross is now chairman of the board. Other co-founder and current chairman Stan Eschner is stepping into the vice chairman role following former CEO Frank Ingriselli’s resignation as vice chairman and director.
“We are pleased to welcome Robin back to the board of Trio and have him assume this important leadership role with the company,” said Michael Peterson, CEO of Trio, in the company’s announcement of the changes. “His breadth of experience in finance, merchant banking and strategic development of emerging companies will add another tremendous resource for Trio and all of its stakeholders.”
Peterson continued, thanking Ingriselli’s contributions to the company, “from helping to form the company, leading our successful initial public offering and ultimately successfully launching Trio on the NYSE American. We wish Frank all of the continued success in his future endeavors.”
Recommended Reading
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
2024-11-13 - As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that Honeywell should split into two entities—Honeywell Aerospace and Honeywell Automation.
Oil, Gas Completions Company Covenant Testing Rebrands as One X
2024-09-25 - Covenant Testing said the name change to One X is meant to bring awareness to the company’s “comprehensive, end-to-end solutions for our clients.”
BKV Prices IPO at $270MM Nearly Two Years After First Filing
2024-09-25 - BKV Corp. priced its common shares at $18 each after and will begin trading on Sept. 26, about two years after the Denver company first filed for an IPO.
Viper Energy Offers 10MM Shares to Help Pay for Permian Basin Acquisition
2024-09-12 - Viper Energy Inc., a Diamondback Energy subsidiary, will use anticipated proceeds of up to $476 million to help fund a $1.1 billion Midland Basin deal.
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
2024-09-10 - Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.