Trinity Share News (TRIN)

Trinity Exploration maintains production, warns of supply issues

(Sharecast News) - Trinidad and Tobago-focussed Trinity Exploration said in an update on Wednesday that it maintained "robust production" in its third quarter, leading to a 25% increase in operating cash flow before corporate taxes and pre-hedging.

TRADING UPDATES: LoopUp, Surface raise capital; MaxCyte wins deal

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

TRADING UPDATES: Gaming Realms, Northcoders revenue up; Boku wins 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:

IN BRIEF: Trinity Exploration backs annual production guidance

Trinity Exploration & Production PLC - Leeds-based oil exploration company focused on Trinidad & Tobago - Says drilling at first of four low angle wells is in progress at WD-5/6 onshore block. Expects the drilling campaign to increase production "meaningfully" by the end of the first quarter of 2023. In the second quarter of 2022, production volumes averaged 3,093 barrels of oil per day, increased year-on-year from 3,047 bopd. Productions sold averaged 3,019 bopd over the quarter, mostly flat year-on-year from 3,013 bopd. Maintains annual production guidance of between 2,900 to 3,100 bopd, before the drilling programme or acquisitions are included.

IN BRIEF: Trinity Exploration & Production starts drilling first well

Trinity Exploration & Production PLC - Leeds-based oil exploration company focused on Trinidad & Tobago - Starts drilling operations for the first well of its 2022 six-well onshore campaign. It says the fully-funded programme is targeting an aggregate 450 to 1,100 one thousand barrels of oil of reserves at a cost of between USD14 million and USD17 million.

UK shareholder meetings calendar - next 7 days

EARNINGS UPDATES: Topps Tiles in record revenue; Lords doubles profit

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

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Trinity Exploration pauses farm down process, awaits tax law

Trinity Exploration & Production PLC - Leeds-based oil exploration company focused on Trinidad & Tobago - Pauses the farm down process at Galeota but reaffirms its intention to resume drilling on its Galeota farm asset in July. Names expected reforms to the supplemental petroleum tax considered by the government of Trinidad & Tobago as reason. "A number of participants have informed the company that they are unable to fully assess the economics of the opportunity at Galeota without clarity on the expected reforms," Trinity explains.

IN BRIEF: Trinity Exploration posts higher quarterly revenue, less oil

Trinity Exploration & Production PLC - Leeds-based oil exploration company focused on Trinidad & Tobago - Reports slightly lower oil production in its first quarter of 2022 ending March 31. Barrels of oil per day in the quarter averages 3,013, down from 3,107 in the first quarter of 2021. Average realisation price soared to USD83.1 per barrel from USD52.3 a year ago.

Trinity pleased with first quarter as oil prices rise

(Sharecast News) - Trinidad and Tobago-focussed energy explorer and producer Trinity reported "good" production and operational cash generation in the first quarter on Tuesday, with volumes averaging 3,013 barrels of oil per day.

TRADING UPDATES: Mothercare distances from Russia; Midatech's J&J deal

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

TRADING UPDATES: Cordiant raises GBP200 million; Home REIT spends

TRADING UPDATES: Cordiant raises GBP200 million; Home REIT spends

Trinity Exploration reports 'good progress' on initiatives

(Sharecast News) - Trinidad and Tobago-focussed energy company Trinity Exploration & Production said in an update on Tuesday that it made "good progress" on some of its initiatives in the fourth quarter, as it maintained production levels and continued its "strong" operating cash generation.

IN BRIEF: Trinity Exploration gets Galeota development plan approval

IN BRIEF: Trinity Exploration gets Galeota development plan approval