Trinity has posted an update on Q2 2015 operations, half year-end financial position and near-term strategic focus. Group average net production levels of 3,085 boepd for H1 2015. Highlights include 45% reduction in G&A costs year-on-year to US$5.7 million for H1 2015
Group average net production levels of 3,085 boepd for H1 2015, and net Q2 production averaged 2,939 boepd. Group production levels continue to reflect the robust nature of the asset base, with declines being modest against a backdrop of significantly reduced levels of capital expenditure.
Trinity is a full-cycle oil and gas company that has grown to become the largest Trinidad & Tobago focused independent energy firm, with a portfolio of onshore and offshore assets in Trinidad and South Africa.
Trinity operates in Trinidad & Tobago with assets onshore and offshore the East and West Coast.
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