Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

Trinity Exploration cashflow-positive, debt free and growing its production base

Trinity Exploration cashflow-positive, debt free and growing its production base

Bruce Dingwall, executive chairman of Trinity Exploration & Production PLC (LON:TRIN), speaks to Proactive London's Andrew Scott soon after the release of their interim results to 30 June 2019.

Production averaged 3,008 bopd, a like-for-like increase of 9% versus the same period last year and Dingwall expects that to rise in the second half of this year as they kick off onshore drilling.

Production has already begun from the first new infill well of the campaign with production from the second well expected imminently.

''It's very much a production-led business'', Dingwall says.

''We judge ourselves on production and cashflow - that's it''

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK