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Trinidad: Trinity Exploration announces acquisition of onshore PS-4 Block

Trinidad: Trinity Exploration announces acquisition of onshore PS-4 Block 04 May 2021 AIM-listed Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has executed a Sale and Purchase Agreement ( SPA ) with Moonsie Oil Company, a private Trinidad based operator, to acquire an operated 100% interest in the PS-4 Block Lease Operatorship Sub-Licence, onshore Trinidad for a total headline cash consideration of US$3.5 million (subject to potential closing adjustments as described below), to be funded from the Company s existing cash resources.  Acquisition Highlights Contiguous to Trinity s largest and most prolific onshore Block, WD-5/6 Enables Trinity to expand its new 3D seismic sequence stratigraphic interpretation approach

TPHL remembers Khan: An approachable leader of notable distinction

Trinidad and Tobago owes the late energy minister, Franklin Khan, a great debt of gratitude. This, according to Trinidad Petroleum Holdings (TPHL) and its group of companies as it joined the nation in mourning the loss of Khan, who passed away yesterday. TPHL and its subsidiary companies: Heritage Petroleum Company Limited (Heritage), Paria Fuel Trading Company Limited (Paria), The Guaracara Refining Company Limited (Guaracara) and The Petroleum Company of Trinidad and Tobago (Petrotrin), extended sincere condolences to his family, friends, and colleagues. TPHL’s Chairman Michael Quamina recalled that Khan was appointed Energy Minister in 2016 and it was under his stewardship that the group of companies was born.

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