Despite an ongoing state of emergency in Trinidad, Trinity has once again delivered a strong operational and financial performance in Q2/21. Production levels have remained broadly flat quarter-on-quarter at 3,047bopd (Q1/21: 3,107bopd), despite no new wells being drilled since 2019 and notwithstanding the constrained COVID-19 related restrictions. This strong production performance, combined with strict cost controls helped Trinity maintain a low operating break-even of US$27.8/bbl in H1/21, wi ....
22 Jul 2021
Cenkos: Trinity Exploration & Production Plc -- Unwavering Resilience & Lower Carbon Barrels
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Cenkos: Trinity Exploration & Production Plc -- Unwavering Resilience & Lower Carbon Barrels
Trinity Exploration & Production Plc (TRIN:LON) | 39.0 0 0.0% | Mkt Cap: 15.1m
- Published:
22 Jul 2021 -
Author:
James McCormack -
Pages:
14
Despite an ongoing state of emergency in Trinidad, Trinity has once again delivered a strong operational and financial performance in Q2/21. Production levels have remained broadly flat quarter-on-quarter at 3,047bopd (Q1/21: 3,107bopd), despite no new wells being drilled since 2019 and notwithstanding the constrained COVID-19 related restrictions. This strong production performance, combined with strict cost controls helped Trinity maintain a low operating break-even of US$27.8/bbl in H1/21, wi ....