Trinity Exploration and Production is a Trinidad & Tobago-based oil producer, that operates producing and development assets both onshore and offshore, in the shallow waters off the East and West Coasts of Trinidad. Its low-cost business model is geared up to providing growing margins and increasing profitability within the current oil price environment.
Trinity is a profitable oil producer and management has paid particular focus to maintain low costs and break even for growing levels of profitable production. It also offers investors significant upside potential with multiple exploration prospects with the potential to deliver significant reserves growth.
The Company prioritises the allocation of its capital to its production and development assets to generate material cash flows and compelling economic returns, focusing on extracting value from the Company’s vast portfolio.
Working in Trinidad
Trinity is headquartered in San Fernando, Trinidad. Having our Management Team in the country where all assets are located ensures greater focus on setting the appropriate culture, with staff having a clear line of sight to their leaders.
Trinidad provides a very stable backdrop for Trinity. It is the wealthiest Caribbean country based on GDP and GDP per capita and has the third lowest taxes as a percentage of profit in Latin America and the Caribbean.
This is a prolific region with daily production of 650 kboepd and is the 8th largest producer of liquified natural gas in the world. There are significant proven energy reserves of petroleum and natural gas and majors operating in the region include Shell, BP, BHP and Chevron.
Trinity is seeking to build Trinidad’s first independent Oil and Gas Company of scale. The energy industry in Trinidad & Tobago is mature and our vision of growing reserves and production through exploration, development activities, and partnering with other companies to monetise stranded reserves is key to our success. We will achieve this by being fit for purpose, adopting the right behaviour, and being rigorous in our decision-making process.
Behaviour | Rigour | Purpose
BEHAVIOUR – that mirrors professionalism, respect and fairness
RIGOUR – initiate thought before action
PURPOSE – fit for delivering our business goals