This morning, Trinity released its Q1/19 operational update. Production for Q1/19 increased by 11% YoY to 3,020bopd (Q1/18: 2,721bopd). This represents a 6% QoQ reduction compared to Q4/18 but is in-line with expectations and full year production guidance, which remains unchanged at 3,000-3,300bopd. Trinity continued its programme of recompletions, workovers and swabbing during Q1/19, and whilst no new drilling took place, the Company expects to drill up to eight new wells during 2019. At least ....
17 Apr 2019
Cenkos: Trinity Exploration & Production Plc - Q1/19 Update
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Cenkos: Trinity Exploration & Production Plc - Q1/19 Update
Trinity Exploration & Production Plc (TRIN:LON) | 39.0 0 0.0% | Mkt Cap: 15.1m
- Published:
17 Apr 2019 -
Author:
James McCormack -
Pages:
5
This morning, Trinity released its Q1/19 operational update. Production for Q1/19 increased by 11% YoY to 3,020bopd (Q1/18: 2,721bopd). This represents a 6% QoQ reduction compared to Q4/18 but is in-line with expectations and full year production guidance, which remains unchanged at 3,000-3,300bopd. Trinity continued its programme of recompletions, workovers and swabbing during Q1/19, and whilst no new drilling took place, the Company expects to drill up to eight new wells during 2019. At least ....