The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTrinity Share News (TRIN)

Share Price Information for Trinity (TRIN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 54.00
Bid: 53.00
Ask: 55.00
Change: 1.00 (1.89%)
Spread: 2.00 (3.774%)
Open: 53.00
High: 54.00
Low: 53.00
Prev. Close: 53.00
TRIN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Trinity Exploration shares up as production resumes following fire

Thu, 20th Apr 2023 11:52

(Alliance News) - Trinity Exploration & Production PLC on Thursday said production has resumed at the Bravo platform in the Trintes Field, following approval from the Ministry of Energy & Energy Industries.

Trinity Exploration is a Trinidad & Tobago-focused independent exploration and production company, with assets onshore and offshore on both the East and West Coasts.

Last week, the company told investors that a fire had broken out at the platform, which is offshore the east coast of Trinidad, on April 10. Production was halted and the platform subsequently evacuated, while the other Trintes platforms, Delta and Alpha, were also shut down.

Following approval from the Ministry of Energy & Energy Industries, Trinity has now successfully restored oil production from all previously producing wells on the Bravo platform.

As previously announced, Alpha and Delta platforms restarted oil production from all previously producing wells last Tuesday.

Prior to the incident, oil production from the Bravo platform accounted for approximately 350 barrels of oil per day. Total Trintes field production is approximately 1,010 barrels.

Trinity Exploration & Production shares were trading 5.1% higher at 87.79 pence each in London on Thursday late morning.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
1 May 2024 16:56

LONDON MARKET CLOSE: FTSE 100 down ahead of US interest rate decision

(Alliance News) - Stock prices in London closed mostly in the red on Wednesday, as investors eye the latest interest rate decision from the US Federal Reserve this evening.

Read more
1 May 2024 11:55

LONDON MARKET MIDDAY: FTSE 100 treads water as Fed takes centre-stage

(Alliance News) - London's FTSE 100 traded off session highs heading into Wednesday afternoon, as some pre-Federal Reserve decision nerves kicked in.

Read more
1 May 2024 10:20

Touchstone to snap up rival Trinity in £24m deal

(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.

Read more
1 May 2024 10:16

AIM WINNERS & LOSERS: Trinity up after agreeing to Touchstone takeover

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
1 May 2024 10:09

Trinity Exploration shares jump as agrees takeover by Touchstone

(Alliance News) - Touchstone Exploration Inc on Wednesday said it reached an agreement to buy Trinity Exploration & Production PLC.

Read more
1 May 2024 08:57

LONDON MARKET OPEN: FTSE 100 shakes off New York slump before Fed

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 brushing off some pre-Federal Reserve decision trepidation to record an early rise, while the dollar climbed on the expectation that Jerome Powell will sound hawkish in his press conference later.

Read more
26 Apr 2024 20:02

TRADING UPDATES: Facilities by ADF profit hit by Hollywood strikes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
15 Apr 2024 12:05

Trinity Exploration's combined reserves and resources fall 23%

(Alliance News) - Trinity Exploration & Production PLC on Monday said its recoverable reserves and resource base had declined following a revision of estimates.

Read more
1 Feb 2024 14:27

TRADING UPDATES: Genflow wins new research grants; Seeen margin rises

(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
11 Jan 2024 11:38

IN BRIEF: Trinity Exploration shares down as annual sales miss target

Trinity Exploration & Production PLC - exploration and production company, focused on oil projects in Trinidad & Tobago - Says sales volumes for fourth quarter of 2023 averaged 2,736 barrels of oil per day, up 1.1% from 2,705 barrels in the third quarter. Full-year volumes averaged 2,790 bopd, down 6.2% from 2,975 bopd in 2022 and "marginally below" previous guidance of between 2,800 and 2,900 bopd. Quarterly onshore sales averaged 1,462 bopd, down 2.1% from 1,493. Average realisation of USD71.6 per barrel in the fourth quarter is down from USD75.4 the prior year. Pre-hedging earnings before interest, tax, depreciation and amortisation decreases to USD4.1 million from USD7.0 million.

Read more
4 Jan 2024 14:28

IN BRIEF: Trinity Exploration up after Trinidadian reform takes effect

Trinity Exploration & Production PLC - exploration and production company, focused on oil projects in Trinidad & Tobago - Says the Trinidad & Tobago Finance Act 2023, approved by the country's president in December, has now taken effect. The act drops the supplemental petroleum tax rate for small shallow marine area producers, defined as petroleum producers in marine areas producing less than 4,000 barrels of crude oil per day. All existing offshore production as well as future growth projects which fall under this limit "will benefit significantly from this reform", Trinity says.

Read more
18 Dec 2023 12:28

Trinity Exploration experiences operational challenges at Jacobin well

(Alliance News) - Trinity Exploration & Production PLC on Monday said that operational challenges had slowed production at its Jacobin oil discovery project.

Read more
29 Nov 2023 14:25

TRADING UPDATES: Synectics announces contract win; LifeSafe revenue up

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
20 Nov 2023 14:17

EARNINGS AND TRADING: Active Energy notes Ashland delay; MTI profit up

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
8 Nov 2023 13:05

Trinity Exploration makes progress at Jacobin oil discovery

(Sharecast News) - Trinity Exploration updated the market on its operations at the Jacobin oil discovery in Trinidad and Tobago on Wednesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.