Trinity Share News (TRIN)

IN BRIEF: Trinity Exploration & Production extends drilling schedule

Trinity Exploration & Production PLC - Trinidad & Tobago-focused exploration and production company - Completes two out of three planned sections for the Jacobin well onshore Trinidad. Says the Jacobin well has encountered shallow secondary formations of good quality oil-bearing reservoirs. Says it is preparing to start drilling in the third section, but notes drilling schedule has been extended due to challenging conditions. Says it anticipates no significant cost impact from the drill extension.

UK shareholder meetings calendar - next 7 days

UPDATE: Trinity Exploration expects similar sales in 2023 as in 2022

(Alliance News) - Trinity Exploration & Production PLC on Tuesday guided for similar sales in 2023 to what it achieved in 2022, as it was awarded the Buenos Ayres oil block in Trinidad & Tobago.

IN BRIEF: Trinity Exploration awarded Buenos Ayres oil block

Trinity Exploration & Production PLC - Trinidad & Tobago-focused exploration and production company - Is awarded the Buenos Ayres oil block in the 2022 onshore & nearshore competitive bid round by the Trinidad & Tobago ministry of energy & energy industries. Ministry has invited Trinity to commence discussions for the grant of an exploration and production (public petroleum rights) licence. Trinity expects to be the block's operator with an 85% interest. State-owned oil company Heritage Petroleum Company Ltd will have a 15% working interest which Trinity will carry during the exploration phase. Block covers approximately 41 kilometres squared and is immediately west of Trinity's existing producing Palo Seco blocks WD-5/6, WD-2 and PS-4. It contains multiple stacked target reservoirs of the Lower Forest, Upper Cruse and Lower Cruse which are the most productive reservoirs in Trinidad's southern basin with over 250.0 million barrels of oil produced to date. Work programme comprises four exploration wells and technical studies over the six-year initial licence period.

Trinity Exploration says maiden dividend on horizon as profit dips

(Alliance News) - Trinity Exploration & Production PLC said on Thursday that it is well-positioned for its next growth phase despite a slight decline in profit last year, and announced a new capital allocation policy including "modest but sustainable" dividends.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Trinity Exploration spuds well; Equipmake inks deal

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

TRADING UPDATES: Profits rise for Panther Securities and Petrofac

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

Trinity Exploration shares up as production resumes following fire

(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.

TRADING UPDATES: Enwell Energy offices searched, Trinity confirms fire

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

Trinity Exploration & Production returns ABM-151 well to production

(Alliance News) - Trinity Exploration & Production PLC on Thursday hailed progress off the West Coast of Trinidad as it returned the ABM-151 well in the Brighton Marine block to production.

Trinity returns Brighton Marine well to production

(Sharecast News) - Trinidad and Tobago-focussed Trinity Exploration & Production announced a number of operational updates on Thursday, reporting that the ABM-151 well in the Brighton Marine block, offshore the west coast of Trinidad, was returned to production on 21 March.

TRADING UPDATES: Ferro-Alloy eyes revenue to drop below market view

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

TRADING UPDATES: Aquis in line with target; Bradda Head delays results

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

IN BRIEF: Trinity Exploration backs guidance; warns on delays

Trinity Exploration & Production PLC - Leeds-based oil exploration company focused on Trinidad & Tobago - Keeps production guidance for 2022 unchanged at 2,900 to 3,100 barrels of oil per day. Meanwhile, in the third quarter that ended September 30, production falls to 2,990 bopd from 3,019 bopd in the second quarter, but beats 2,923 bopd in the third quarter of 2021. For the third quarter of 2022, the firm announces a 25% increase in operating cash flow before corporation tax and pre-hedging.