21 Sep 2022
Cenkos: Trinity Exploration & Production Plc -- Implementing A Capital Return Policy
Trinity has announced that the first two wells in its fully funded onshore six well drilling campaign have come in on prognosis, confirming Trinity%u2019s pre-drill models and expectations. Both wells are currently on production test, with all four low angle wells to be drilled as part of the campaign to be onstream before the end of 2022. It is expected that in aggregate, these four wells will contribute to an increase of 200-250bopd. Production is expected to continue to increase into Q1/23, s ....
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Cenkos: Trinity Exploration & Production Plc -- Implementing A Capital Return Policy
Trinity Exploration & Production Plc (TRIN:LON) | 36.0 -1.1 (-7.7%) | Mkt Cap: 14.0m
- Published:
21 Sep 2022 -
Author:
James McCormack -
Pages:
10
Trinity has announced that the first two wells in its fully funded onshore six well drilling campaign have come in on prognosis, confirming Trinity%u2019s pre-drill models and expectations. Both wells are currently on production test, with all four low angle wells to be drilled as part of the campaign to be onstream before the end of 2022. It is expected that in aggregate, these four wells will contribute to an increase of 200-250bopd. Production is expected to continue to increase into Q1/23, s ....