Trinity released its Q318 operational update this morning. Production averaged 2.734kboepd for Q3 (+9% yoy, -3% qoq). Production was partially impacted due to a Trintes well being offline for two months but the two new infill wells drilled in Q3 have seen increasing production which has averaged 3.045kbopd since the start of October. We leave our model unchanged and remain with our BUY.
17 Oct 2018
Q3 update
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Q3 update
Trinity Exploration & Production Plc (TRIN:LON) | 39.0 0 0.0% | Mkt Cap: 15.1m
- Published:
17 Oct 2018 -
Author:
Jessica Saadat -
Pages:
3
Trinity released its Q318 operational update this morning. Production averaged 2.734kboepd for Q3 (+9% yoy, -3% qoq). Production was partially impacted due to a Trintes well being offline for two months but the two new infill wells drilled in Q3 have seen increasing production which has averaged 3.045kbopd since the start of October. We leave our model unchanged and remain with our BUY.