What is the latest status of the project “Asphalt Ridge Project”?

The status recorded for “Asphalt Ridge Project” is Under Construction.

Where can I verify the source and access all details for “Asphalt Ridge Project”?

This Taiyo project page references The Manila Times along with the original URL (https://www.manilatimes.net/2025/03/05/tmt-newswire/globenewswire/asphalt-ridge-option-period-to-acquire-remaining-1775-working-interest-extended-toapril-10-2025-and-non-binding-letter-of-intent-to-acquire-novacor-oil-and-gas-assets-extended-to-march-15-2025/2067804). Taiyo standardizes official data into a consistent, searchable project profile.

Asphalt Ridge Project

Sector: Oil and Gas • Location: Vernal, Utah, United States

Source: The Manila Times

Project

Under Construction

The Asphalt Ridge Project involves the acquisition of a 20% interest in a heavy-oil and tar-sand development project in Uintah County, Utah. Trio Petroleum Corp aims to acquire an additional 17.75% working interest and has secured an extension until April 10, 2025, to exercise this option. The project is notable for its low sulfur content and significant oil-bearing pay zones.

Status: Under Construction
Sector: Oil and Gas, Road
Location: Vernal, Utah, United States of America
Updated: 22 Jul 2026
Source: The Manila Times

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Project Information

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The project “Asphalt Ridge Project” is an infrastructure initiative in the Oil and Gas sector, located in Vernal, Utah, United States. Taiyo aggregates data on it from The Manila Times.

Participants

Not available for this record.

Status

Original status	Under Construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Asphalt Ridge Project involves the acquisition of a 20% interest in a heavy-oil and tar-sand development project in Uintah County, Utah. Trio Petroleum Corp aims to acquire an additional 17.75% working interest and has secured an extension until April 10, 2025, to exercise this option. The project is notable for its low sulfur content and significant oil-bearing pay zones.
Original sector	Energy

Location

Country	United States of America (USA)
State	Utah
City	Vernal

Source

Source	The Manila Times
URL

More Details

Record type	Project
Sector	Oil and Gas, Road
Article published date	2025-03-07

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Asphalt Ridge Project

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