Trinity’s Trinidad and Tobago production dips
Trinity confirmed a reduction in investment shaved-off the top of its production figures.
Trinity
Trinity negotiates payment extension
Trinity has secured an extension for repayments of its $13million loan.
Trinity E&P director resigns
A director of Trinity Exploration & Production has stepped down just a week after the company revealed its chief executive would leave his post. The company said Charles Anthony Brash would be stepping down as a non-executive director immediately.
Trinity E&P chief executive resigns
Trinity Exploration & Production said its chief executive has resigned from the company. The firm said it comes after the pending divestment of nearly all of the company’s onshore assets. Joel Pemberton’s resignation was accepted by the board of directors, effective December 31st this year.
Trinity to sell Trinidad and Tobago onshore assets to Touchstone for $20.8m
Trinity Exploration & Production has struck a deal to sell a number of its onshore assets in Trinidad and Tobago to Touchstone Exploration in a $20.8million deal. The UK-listed company said the move comes after a strategic review was undertaken earlier this year.
Trinity sells assets as it looks to pay off debt
Independent producer Trinity has revealed it is looking for a buyer for its assets in Trindad and Tobago whilst agreeing a further extension until October 9 to its debt repayment "moratorium" on the $13million it owes is principal lender.
Trinity job restructuring sees senior exec go
The chief operating officer of Trinity Exploration & Production will step down from his role as the company makes a number of redundancies following the low oil price. Craig McCallum will leave his position at the end of March next year as the company makes a number of management changes. Trinity said a redundancy programme has been implemented as it assesses its current funding position in the low oil price environment.