Independent exploration and production company Trinity has agreed a further extension to the moratorium on principal repayments related to its outstanding debt.
The Trinidad and Tobago focused company has come to an agreement on its $13million outstanding with its lender until june 17th.
The company has been working with its lender on a long-term extension plan.
Last year, Trinity offloaded of the majority of its onshore assets for $20.8 million.
Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad.