Trinity Exploration further extends debt delay
Trinity, the oil exploration and production group, told investors it had further extended the moratorium on its debt repayment whilst it awaits the closing of an asset sale.
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 extends debt moratorium to Friday
Oil firm Trinity Exploration & Production told investors it had further extended the moratorium on its debt repayment...
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Trinity extends debt moratorium again
Oiler Trinity Exploration & Production told investors it had further extended the moratorium on its debt repayment whilst it awaits the closing of an asset sale.
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Trinity further extends debt moratorium
In October Trinity agreed to sell its onshore business for US$20.8mln.
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Trinity Exploration & Production extends debt moratorium
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Trinity further extends debt moratorium
Trinity Exploration has confirmed that its ongoing debt moratorium has been extended further.
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