Company
Trinity Exploration & Production PLC
LON:TRIN
Trinity is the largest Trinidad & Tobago focused independent E&P company, with assets onshore and offshore on both the west and east coasts. The Company’s portfolio includes current production, significant near-term production growth opportunities from low risk developments, and multiple exploration prospects with the potential to deliver meaningful reserves growth. Trinity is headquartered in San Fernando, Trinidad, where the executive management team is based. Having our executive management team in the country where the assets are located ensures greater focus on setting the appropriate culture, with staff having a clear line of sight to their leaders. Trinidad & Tobago’s world class hydrocarbon province provides Trinity with a wealth of high quality growth opportunities both in the short and medium-term. As the largest local independent, Trinity is uniquely positioned to monetise reserves in this basin that fall below the materiality thresholds of the current owners.
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Trinity Exploration starts drilling first well of 2022 programme
Poor weather conditions could hamper the work due to the current orange-level tropical storm warning in Trinidad
Trinity Exploration eyes production growth even if drill plans stay shelved
Bruce Dingwall said the company is "well placed despite the current oil price environment”.
Trinity Exploration & Production confirms steady rise in output as new wells come online
"We continue to focus on increasing our low-cost high margin production while developing our asset base," said chairman Bruce Dingwall.
Trinity Exploration: Growing, cash generative producer capable of operating at US$30 oil
The company has gone from “survival mode, to hold steady and now growth”, according to chief financial officer Jeremy Bridglalsingh
Archive
Oil price, Trinity, Solo, Cairn, GKP – And finally…
Oil price Oil is on the up again and primarily to do with ABS, the moniker for the new Saudi Oil Minister who has made it clear that the Kingdom is ‘determined to achieve higher prices’ which is surely linked to the Aramco sale. The JMMC me
Archive
FTSE 100 closes up as rally continues but US shares lag
A bad day for sterling but a good day for blue-chip equities
Archive
Brexit impasse could still bring a UK general election which could boost polling firm YouGov
Aside from YouGov's results, the Day Ahead will also bring results from fellow small caps Next Fifteen Communications and Hostelworld, plus a key EGM for fashion firm Superdry
Investments and investor services
Market movers: N4 Pharma gets boost from the Men (and women) from EUNCL; Zinc Media surges after bagging several commissions
A look at the day's movers and shakers, featuring N4 Pharma, Zin Media, Rurelec, Trinity Exploration, Hurricane Energy, Thomas Cook, Gama Aviation, CyanConnode and Mosman
PCI-PAL drops as card payments provider sees sharply widened loss on North America expansion
A look at some of the London market's biggest risers and fallers on Wednesday
Trinity Exploration & Production now debt free
Now debt-free, the growing oil junior said it can now be fully focussed on the future
Trinity shares fall as it announces US$20mln fundraise
The AIM-listed firm said it has conditionally raised US$18mln by placing of 56.3mln new ordinary shares at an issue price of 15p each and the conditional subscription of over 35.1mln new ordinary shares
Edenville Energy shares up as it extends MoU with Chinese contractor for Rukwa project
A look at some of the top risers and fallers in London today
Proactive Oil Highlights: Serica, SDX, Premier Oil, Union Jack, SOCO, Diversified Gas & Oil, Touchstone, Solo Oil, 88 Energy, Trinity, Pantheon
This week the oil and gas sector brought news of gas discoveries, acquisitions, and financial results
Trinity Exploration & Production profits boosted by improved oil prices
"2017 was a transformational year for the company, with the restructuring and refinancing undertaken at the beginning of the period and our return to production growth in the second half of the year.”
Archive
Lansdowne Oil & Gas lead rising exploration stocks on quiet session
Proactive takes a look at what's moving on Thursday December 28.
Trinity takes advantage of improved oil prices
“The recent improvement in the oil price has provided an attractive opportunity to further hedge our oil price exposure for 2018,” said Bruce Dingwall
Touchstone Exploration shares rise as house broker highlights Trinidad switch trades
“We reckon that considerable running room remains for Touchstone’s shares," said Shore Capital analyst Craig Howie.
Trinity Exploration & Production welcomes “good news” Trinidad tax plans
"On the face of it this announcement looks like good news," Bruce Dingwall said.
Trinity Exploration & Production offers exposure to a high margin cash generative story – broker
Cantor Fitzgerald broker repeated a ‘buy’ recommendation for the Trinidad- based oil producer
Archive
Proactive news snapshot: Hurricane Energy, Ceres Power, Plexus Holdings …
A glance at some of the day's highlights from the Proactive Investors newswire
MBL Group's top two throw in the towel after hitting snags in the sale process
Former directors are proving to be flies in the ointment at MBL Group and Altona Energy
Trinity reveals positive financials as attention turns back to growth
"Having secured Trinity's future in January, H1 2017 saw a directional change in the organisation's activities with the focus on preparing the company for growing production"
FTSE 100 closes lower at 7,301 as pound eases against US dollar
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
Archive
Proactive Weekly Oil & Gas Round-up: Trinity Exploration & Production, Range Resources, UK Oil & Gas Investments ...
A look at the world of small cap oil and gas news this week
Archive
Proactive news snapshot – Highlands Natural Resources, Asiamet Resources, Horizonte Minerals ...
A glance at some of the day's highlights from the Proactive Investors newswire
Trinity Exploration sells west coast Trinidad assets to Range Resources
Average production from the licences was 190 barrels daily in 2016 with 2P reserves of 2.6mln barrels.
Trinity Exploration sells west coast Trinidad assets to Range Resources
The Brighton Marine field has been in production since the 1950's with over 60mln barrels produced to date
FTSE 100 stays weak, but off lows as US stocks rally
At 3.15pm, the UK benchmark index was down 64 points at 7,325, above the session low of 7,296.49 but still set for its worst week in nine months having dropped nearly 250 points in the last three sessions of the week
Archive
Proactive news snapshot – Motif Bio, Trinity Exploration, Jubilee Platinum…
A glance at some of the day's highlights from the Proactive Investors newswire
Positive performance Trinity Exploration & Production suggests turnaround plan is working
"Trinity has a clear strategic focus going forward, which is to grow our reserves and production to maximise the cash flow from our core assets," says chief executive Bruce Dingwall.
Angus Energy spikes higher after UK Oil & Gas Authority approves plan to drill and then produce Lidsey-X2 well
A look at some of the biggest risers and fallers in London today
Trinity Exploration & Production boasts of financial step-change in first half
Net production averaged 2,397 barrels of oil per day from 2,659 bopd last year, while realised prices were reported at US$46.4 per barrel up from US$32.8
FTSE 100 closes lower as North Korea tensions spook traders
The FTSE 100 index finished down around 44 at 7,498, above the session low of 7,475.83, but unable to reach the opening peak of 7.542.73
Archive
Marks & Spencer and Burberry both need to regain momentum
Week ahead: Marks & Spencer, Burberry, JD Wetherspoon...
Archive
Proactive news round-up: Redx Pharma, Clinigen Group, Eland Oil & Gas...
A glace at the stories on the Proactive newswire today
European Wealth Group shares jump as full year assets under management gain
A look at the biggest risers and fallers in London today
Trinity now has “clear strategic focus” says Bruce Dingwall
Onshore, the company has a number of programmes including well work-overs, reactivations, and maturation of new drilling opportunities.
FTSE 100 ends lower as May makes offer for EU nationals
The UK blue chip index closed down around 15 points at 7,424
Archive
Brexit vote anniversary is a day to either raise a glass or drown your sorrows
Day ahead: Brexit vote anniversary; Boohoo.com AGM; US new home sales ...
James Menzies, founder of Salamander Energy, joins Trinity Exploration's board as non-exec
James Menzies, the executive chairman of Aussie firm TAP Oil, has been appointed as a non-executive director of Trinity Exploration
Archive
Proactive news summary: TekCapital, Nanobiotix , Ergomed ...
A summary of small cap news stories on the Proactive wires today
Photonstar LED shares continue to gather pace on roll-out of internet of things systems in UK
Photonstar LED, Baron Oil and Capital Drilling are in positive territory while shares in Premier Veterinary Group, Ortac Resources and PureCircle are under the cosh
Trinity Exploration & Production reports on year of “transformation”
"We are well placed to grow as a producing, cash flow positive business," says executive chairman Bruce Dingwall.
FTSE 100 closes higher as Fed meeting in focus
The FTSE 100 closed up 46 at 7,250 on the day with Intertek the biggest gainer
Archive
Proactive weekly oil news: Aminex, Solo Oil, Sound Energy ...
A look back at the week’s highlighted news for junior oilers
Archive
Proactive news round-up: Collagen Solutions, Sound Energy, Europa Oil & Gas …
A glance at some of the stories on the Proactive newswire today
Trinity Exploration & Production looks for production boost after financial overhaul
Trinity wants a run-rate of 3,000 bopd over the next 12 months
Magnificent #7: These AIM oil stocks have at least doubled in 2017 so far
Small caps need action because investors need opportunities to speculate
Trinity Exploration & Production tipped to rise 130% as it emerges from tough period
Cantor Fitzgerald starts off its coverage of the junior oil firm with a ‘buy’ recommendation.
Archive
Proactive news round-up: ValiRx, ITM Power, Tharisa ...
A glance at some of the stories on the Proactive newswire today.
Trinity Exploration & Production restructuring is now complete
Executive chairman Bruce Dingwall said a period of prolonged uncertainty has now come to an end.
Malvern top of the class after tie-up with Singaporean tech group
Some of the main news-driven share price changes at 3.15pm
Archive
Energy round-up: Wind turbine group Windar Photonics notches up good run of contract wins
After unveiling deals in India on both Wednesday and Thursday, Windar came up with seven more on Friday, including its first test in Korea.
Trinity Exploration shareholders approve restructuring
The funding will comprise a placing of new shares worth £9.3mln (US$11.25mln) at 4.68p
Proactive Energy round-up: Hurricane Energy stormed higher this week
Pre-drill estimates for Lincoln suggested it was host to 250 million ‘recoverable’ barrels of crude. Hurricane says after early analysis that figure looks conservative.
Archive
Proactive news round-up: Vast Resources, Arian Silver, NetScientific ...
A glance at some of the stories on the Proactive newswire today
Trinity Exploration creditors approve refinancing
Shareholder approval is now needed at a general meeting on 29 December to get the refinancing passed.
Archive
Proactive weekly oil news - Solo Oil, Nostra Terra and more
A look at the news highlights from the oil and gas world
Archive
Proactive news round-up: Condor Gold, Metal Tiger, African Potash ...
A glance at today's headlines on the Proactive newswire ...
Trinity Exploration to raise US$15mln as part of financial overhaul
The funding will comprise a placing of new shares worth £9.3mln (US$11.25mln) at 4.68p
Trinity Exploration & Production subsidiaries seek bankruptcy protection in Trinidad
The company believes this step will aid efforts to secure a financial restructuring.
Archive
Proactive oil highlights: Eland, Europa, Gulf Keystone, Mosman, Sound Energy, Trinity and more...
The weekly round up of oil sector news from the world of Proactive.
Trinity updates on formal sale process
Trading in Trinity shares was suspended on Monday due uncertainties over its future.
Trinity Exploration & Production updates on Trinidad assets sales programme
An asset sales process has been underway for over a year, and at the same time Trinity says it has been working to ‘streamline’ its operations.
FTSE 100 rallies, taking its lead from buoyant Wall Street
Taking its lead from Wall Street, the Footsie moved gently into positive territory
Risers & fallers: Gulf Keystone, Kefi MInerals, Baron Oil...
Major share price risers and fallers in London at 1.45pm
FTSE 100 slides despite strong start by resource stocks
It was all about the resource sector in early trading, with most mining, oil & gas stocks up.
Risers & Fallers: 88 Energy Ltd, Belgravium Technologies PLC, Independent Resources PLC ...
Shares in Ascent Resources are, ironically, down 15%.
Proactive news summary: Advanced Oncotherapy PLC, Cerilion PLC, Sula Iron & Gold PLC...
Ebola Medal for Sula Iron & Gold, a further extension for Trinity and a solid start for Quartix.
Risers & fallers: Audioboom Group PLC, Roxi Petroleum PLC, TLA Worldwide PLC, Tomco Energy PLC ...
Major share price risers and fallers on the London S.E.
Risers & fallers: Ascent Resources PLC, Cadogan Petroleum PLC, CPPGroup PLC, Nyota Minerals PLC ...
Board room coups are in the offing at CPPGroup and Nyota Minerals.
Archive
Small caps follow blue-chips lower
The AIM 100 finished 0.2% lower at 3,357, while the FTSE 100 closed at 6,140, down 0.6%.
Small cap shares higher, as Metal Tiger surges
Metal Tiger plc shares shot up 25% as it told investors its transaction to invest in ZimNRG had been approved by shareholders .
Trinity Exploration & Production PLC encouraged by institutional interest
The Trinidad & Tobago producer has sharply reduced costs and with more to come, it is targeting operating break-even across all fields of below $30/bbl by the end of 2016
Risers & Fallers: GW Pharmaceuticals, Union Jack PLC, Metal Tiger PLC and Egdon Resources
Collectibles trader Stanley Gibbons has had to issue shares at a deep, deep discount to raise funds. MX Oil's discounted share issue looks like a good result for the company in comparison.
GW Pharmaceuticals Plc lights up AIM 100 on epilepsy success
Standing at 3,364 the FTSE AIM 100 closed sharply higher, up 86 points or 2.65%.
Trinity Exploration and Production PLC extends debt moratorium
Trinity Exploration and Production PLC, the oil exploration and production group, said it had further extended the moratorium on its debt repayment..
FTSE 100 closes Monday’s trading flat
The blue-chip benchmark ended February a solitary point higher than Friday’s closing price.
London market moves lower but investors shop at Morrisons
The FTSE 100 Index dropped due to China’s slowdown, Brexit fears and commodity uncertainty
FTSE100 poised to start in negative territory after G20
FTSE100 is poised to start the week lower as Asian shares fell overnight and after the G20 meeting ended.
Week ahead: Last but not least - Barclays
Banking titan Barclays reports full year results on Tuesday....
Risers & Fallers - Tyratech, Mariana Resources, The People's Operator, DQ..
Main share price risers and fallers in London at around 1.45pm