Trinity has announced its preliminary results for the year ended 31st December 2014. Read the full statement here. The Company has also launched a strategic review of options available to maximise value for shareholders.
During the first quarter, Trinity’s net production averaged 3,433 boepd. At Trintes (100% WI) and TGAL (65% WI) a rigorous subsurface review is well advanced and the joint Trintes-TGAL development plan review is on-going.
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 twelve licences in Trinidad & Tobago with assets onshore and offshore the East and West Coast. In July 2014, Trinity announced the acquisition of an 80% operating interest in Block 1a and Block 1b offshore the West Coast of Trinidad.
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Copyright 2014 Trinity Exploration & Production plc.