A resilient, low-cost production base, combined with a rising oil price, has helped underpin high levels of cash generation during Q3/21, laying the foundations for Trinity to accelerate investment and in-turn achieve longer-term production growth. Initial results from the continued interpretation of the onshore 3D seismic data have proved very encouraging, with several, potentially meaningful, new plays and leads already identified. Trinity expects to finalise an onshore drilling programme duri ....
15 Oct 2021
Cenkos: Trinity Exploration and Production Plc -- Resilience and Financial Strength
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Cenkos: Trinity Exploration and Production Plc -- Resilience and Financial Strength
Trinity Exploration & Production Plc (TRIN:LON) | 39.5 0 0.0% | Mkt Cap: 15.3m
- Published:
15 Oct 2021 -
Author:
James McCormack -
Pages:
9
A resilient, low-cost production base, combined with a rising oil price, has helped underpin high levels of cash generation during Q3/21, laying the foundations for Trinity to accelerate investment and in-turn achieve longer-term production growth. Initial results from the continued interpretation of the onshore 3D seismic data have proved very encouraging, with several, potentially meaningful, new plays and leads already identified. Trinity expects to finalise an onshore drilling programme duri ....