Trinity E&P has put out its Q3 operational update this morning. Production levels are continuing to increase, with an average rate of 2.754kbopd in October, and an average rate of 2.506kbopd for the 3-month period ended 30th September, a 7.4% increase qoq. At the end of September, cash was a healthy $12.3m. Trinity also provided an update on its hedging programme, where it has taken advantage of strong oil prices to further hedge its 2018 oil price exposure.


Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Making good progress
- Published:
13 Nov 2017 -
Author:
Jessica Saadat -
Pages:
3 -
Trinity E&P has put out its Q3 operational update this morning. Production levels are continuing to increase, with an average rate of 2.754kbopd in October, and an average rate of 2.506kbopd for the 3-month period ended 30th September, a 7.4% increase qoq. At the end of September, cash was a healthy $12.3m. Trinity also provided an update on its hedging programme, where it has taken advantage of strong oil prices to further hedge its 2018 oil price exposure.