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.
We are a forward-thinking company, harnessing the benefits of new datasets, software, processes and technologies to drive efficiency and responsibly deliver hydrocarbon-based energy. Trinity’s investment case is based upon resilient, low-cost production; near term, deliverable catalysts with the potential to achieve incremental growth; and a medium-term hopper of organic opportunities capable of delivering transformational growth. On behalf of our shareholders, we are focused on delivering significant growth in production and free cash flow, allowing us to pursue new growth opportunities and deliver sustainable returns to shareholders. Our strategy and business model are designed to deliver this core objective.
Our objective is for Trinity to be a leading independent energy producer, capable of delivering meaningful and sustainable growth in shareholder value.
Our core strategic priorities are:
- Safely optimising the value to be derived from our current producing assets.
- Deploying growth capital to economically attractive and fundable projects based on developing undeveloped reserves and resources.
Our business model is designed to enable Trinity to deliver our strategy whilst working closely and respectfully with all stakeholders in an ethical and transparent manner.
We strive to ensure that our business can endure uncertainties and grow value throughout oil price cycles and changes to the macro-environment by operating safely and responsibly, persevering and innovating and exercising financial and capital efficiency.
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, and Woodside.
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