Trinity Exploration appoints Edouard Brain as CFO
7th Sep 2020 10:30
(Sharecast News) - Exploration and production firm Trinity named Edouard Brain as its next chief financial officer on Monday.
Read moreTrinity Exploration on track to break even in 2020
19th Jun 2020 08:12
(Sharecast News) - Oil company Trinity Exploration said on Friday that it was on track to break even in 2020 following a "strong operational and financial performance" during the prior year.
Read moreTrinity Exploration confident amid low oil price environment
20th Apr 2020 09:28
(Sharecast News) - Trinidad and Tobago-focussed Trinity Exploration & Production updated the market on its first quarter of operations on Monday, reporting that it had responded "rapidly and comprehensively" to the impact of the Covid-19 coronavirus pandemic and the OPEC+ standoff.
Read moreTrinity spuds first of six onshore Trinidad infill wells
30th Aug 2018 14:45
(Sharecast News) - Trinity Exploration & Production has spudded the first well of a six infill well programme, onshore Trinidad, it announced on Thursday.
Read moreTrinity Exploration to restart onshore drilling after restructuring
11th Jan 2017 09:30
(ShareCast News) - Trinity Exploration & Production has cut its net debt by three quarters to $9.2m after completing a restructuring via a placing and subscription, saying it expects to restart its onshore drilling programme with four new wells this year and new offshore drilling "as early as late 2
Read moreTrinity Exploration announces restructure and $15m fundraising
9th Dec 2016 12:06
(ShareCast News) - Trinity Exploration announced its intention to raise approximately $15m on Friday, by way of a placing and subscription of, in aggregate, 187,600,000 new ordinary shares at a placing price of 4.98p - expected to raise gross proceeds of approximately $11.73m, and a proposed issuanc
Read moreTrinity Exploration suspends trading due to debt uncertainty
13th Jul 2016 16:18
(ShareCast News) - Trinity Exploration and Production (E&P) suspended trading on AIM on Wednesday due to its inability to curb its debt. The Trinidad-based oil explorer has been in extended negotiations with Citibank to try and salvage its outstanding debt balance of $13m. The bank offered the group
Read moreTrinity Exploration trashes Touchstone deal despite mounting debt pressure
14th Mar 2016 10:36
(ShareCast News) - Shares in Trinity Exploration crashed to an all-time low intially on Monday as the oil tiddler revealed a battered balance sheet and the collapse of a $21m asset sale. The AIM-listed producer and explorer, which produced an average net production volumes of 2,896 barrels of oil eq
Read moreTrinity Exploration gets another loan repayment reprieve
22nd Feb 2016 11:33
(ShareCast News) - Trinity Exploration & Production has agreed to extend its $13m (£9.2m) debt repayment deadline for a 22nd time. The AIM-listed oil and gas exploration and production company said on Monday it had agreed an extension to the moratorium on principal repayments until the end of the we
Read moreTrinity Exploration secures another debt repayment extension
8th Feb 2016 15:40
(ShareCast News) - AIM-listed Trinity Exploration & Production announced that it has agreed a further extension to the moratorium on principal repayments relating to its outstanding debt balance of $13m (£9m) with its lender until 19 February 2016. The company, which is focused on Trinidad and Tobag
Read moreTrinity Exploration gets debt repayment extension
25th Jan 2016 09:53
(ShareCast News) - AIM-listed exploration and production company Trinity Exploration has agreed a further extension to the moratorium on repayments relating to its outstanding debt balance of $13m until the 29 January. The company also said discussions are ongoing with the lender to secure a further
Read moreTrinity Exploration sells onshore assets for $21m
21st Oct 2015 10:52
(ShareCast News) - Trinity Exploration is selling its onshore assets for $20.8m to Touchstone Exploration. The AIM-listed company announced the deal on Tuesday, which follows on from the company's strategic review of assets announced in April. It will sell its interests in the WD-2, WD-5/6, WD-13,
Read moreTrinity Exploration makes COO redundant amid cost-saving strategy
23rd Sep 2015 09:20
(ShareCast News) - Upstream oil and gas company Trinity Exploration and Production has made its chief operating officer redundant. The London-listed company said the decision to relieve Craig McCallum of his duties came as the ongoing strategic review process had identified a series of cost savings
Read moreTrinity Exploration extends debt moratorium
14th Sep 2015 11:37
(ShareCast News) - Trinity Exploration has agreed a further extension to the moratorium on principal payments relating to its outstanding debt balance of $13m with its lender until 25 September. Trinity, an exploration and production company focused on Trinidad and Tobago, said the extension of its
Read moreTrinity Exploration tumbles as Centrica deal is terminated
28th Jul 2015 11:18
(ShareCast News) - Shares in Trinity Exploration & Production tumbled after the company said late on Monday that it has been unable to extend the term of its agreement to complete the purchase of 80% interests in two blocks offshore Trinidad from Centrica. As a result, the sale and purchase agreemen
Read more