2nd October 2014
Trinity notes the recent downward movement in its share price. Following the update provided to the market in the interim statement, the Board of Trinity advises shareholders that it knows of no reason for the move.
Trinity’s asset portfolio remains fundamentally sound. First half production was 3,795 boepd. Trinity operates all its assets with high working interests generating positive operating cash flows and is located in a region with a growing strategic requirement for new supplies of oil and gas. Trinity’s balanced portfolio has provided it with the ability to selectively choose the most optimal method for allocating capital, and plans are in progress to deliver on such.
The Board and Management of Trinity are confident in the Company’s plans to deliver growth, without recourse to the market in the immediate future.