By David Renwick
Tuesday 2nd September, 2014
To put it mildly, Trinity Exploration & Production plc, the San Fernando-based independent that is quoted on the Alternative Investment Market (AIM) exchange in London, took the local energy industry aback by announcing in July that it was buying Centrica plc’s 80 per cent interest in two gas blocks, 1a and 1b in the central Gulf of Paria.
Why? Well Trinity, the local incarnation of geologist Bruce Dingwall’s former Venture Production entity in the North Sea, has been exclusively associated with crude oil production since its inception.
It is a big player in the lease operatorship (LO) sector, holds one farm-out block (Tabaquite) and 70 per cent in the PGB block in the Gulf of Paria and 65 per cent in the Galeota block off the South east coast of Trinidad.
(Read the full article from the Trinidad Express Newspapers)