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February 15, 2021
Oil futures reach 13-month high as global stocks advance with U.S. markets closed. SP 500 futures hit record high, oil soars as frozen chaos hits plains states. Here is the current market situation from CNN Money European markets are broadly higher today with shares in London leading the region. The FTSE 100 is up 1.93% while Frances CAC 40 is up 0.60% and Germanys DAX is up 0.33%. What Is Moving the Markets Here are the headlines moving the markets. 5 Companies Betting Big On Futuristic Energ...
February 14, 2021
Premium Content Is The Caribbean Ready For An Oil Boom? By Felicity Bradstock - Feb 14, 2021, 12:00 PM CST As Trinidad and Tobago continue to explore for major oil and gas fields in the Caribbean region, the Bahamas Petroleum Co. has made a non-commercial oil discovery. While Trinidad and Tobago have focused on natural gas for the last two decades, the country’s oil industry has been developing steadily. In 2020, the country’s third-largest oil producer Trinity Exploration & Pr...
February 8, 2021
Investegate announcements from Trinity Exploration, Operations Update and Investor Presentation
February 8, 2021
8 February 2021 | 09:44am StockMarketWire.com - Trinidad and Tobago focused oil company Trinity Exploration & Production said its annual output rose 7%. Average daily production for the year through December increased to 3,226 barrels of oil per day, up from 3,007 bopd in 2019. The company said it had brought its operating break-even down 23% to $20.50 per barrel. For the current year, it forecast average daily production of 2,900 - 3,100 bopd, before the drilling of new wells. Capital expendit...
January 26, 2021
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any natio...
January 21, 2021
Investegate, Trinity reports yield increase despite no new drilling activity by BFN News From InvestEgate
January 21, 2021
Trinidad: Trinity Exploration announces Q4 2020 operational update 21 Jan 2021 Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has provided an update on its operations for the three-month period ended 31 December 2020. Q4 2020 Summary Production levels remained strong during Q4 2020 with volumes averaging 3,206 bopd, yielding a full year 2020 average of 3,226 bopd (2019: 3,007 bopd) in line with market guidance. This represents a 7% increase over ...
December 21, 2020
NGC signs gas deals with Trinity, Touchstone Paul Baay, CEO of Touchstone Exploration. THE National Gas Company TT (NGC) signed on to multiple deals with other energy companies for exploration and supply purposes. In separate releases, NGC announced that it will engage in a supply deal with Primera Oil and Gas Ltd, and memorandum of understanding for exploration in TT waters and possibly even further, with Trinity Exploration and Production. NGC said their gas supply deal is with a subsidi...
December 18, 2020
Trinidad: Trinity signs MOU with the National Gas Company of Trinidad and Tobago to explore and develop new energy projects 17 Dec 2020 Trinity Exploration & Production has signed a memorandum of understating (MOU) with The National Gas Company of Trinidad and Tobago (NGC), to explore and develop new projects to enable energy transition in Trinidad and, potentially, in the wider Caribbean and Latin America. NGC has been in operation for over 45 years and is strategically positioned in the upst...