Trinity Exploration & Production Loan Update (5213Q)
18 Junio 2015 - 1:01AM
UK Regulatory
TIDMTRIN
RNS Number : 5213Q
Trinity Exploration & Production
18 June 2015
Trinity Exploration & Production plc
(the "Company" or "Trinity"; AIM:TRIN)
Loan Update
18(th) June 2015
Trinity, an independent E&P company focused on Trinidad and
Tobago, today announces that the Company has agreed an extension to
the moratorium on principal repayments, relating to Trinity's
outstanding debt balance of US$13.0 million with its lender, until
the end of June 2015.
Progress continues with the strategic review and formal sales
process and as part of this Trinity retains a regular dialogue with
its lender and creditors.
Enquiries:
Trinity Exploration & Production Tel: +44 (0)13
Joel "Monty" Pemberton, Chief Executive 1240 3860
Officer
Tracy Mackenzie, Head of Investor
Relations
RBC Capital Markets Tel: +44 (0) 20
Nomad & Joint Broker 7653 4000
Matthew Coakes
Daniel Conti
Oil & Gas Advisory
Jakub Brogowski
Roland Symond Tel: +44 (0) 20
7029 8000
Jefferies (Joint Broker)
Chris Zeal
Graham Hertrich
Brunswick Group LLP (PR Adviser) Tel: +44 (0) 20
Patrick Handley 7404 5959
William Medvei
About Trinity
Trinity is the largest independent E&P company focused on
Trinidad and Tobago. Trinity operates assets onshore and offshore
on both the West and East coasts. Trinity's portfolio includes
current production, significant near-term production growth
opportunities from low risk developments and multiple exploration
prospects. The Company operates all of its licences and has 2P
reserves of 25 MMbbls. Trinity is listed on the AIM market of the
London Stock Exchange under the ticker TRIN.LN.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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