TRIN Trinity Exploration & Production Plc

TIDMTRIN

RNS Number : 2254U

Trinity Exploration & Production

27 July 2015

Trinity Exploration & Production Plc

(the "Company" or "Trinity"; AIM:TRIN)

Termination of Agreement to purchase Blocks 1(a) & 1(b), offshore Trinidad

27 July 2015

Trinity, an independent E&P company focused on Trinidad and Tobago, today announces that it has been unable to extend the term of its agreement to complete the purchase of 80% interests in Blocks 1(a) & 1(b) from Centrica. Consequently the Sale & Purchase Agreement between Trinity and two subsidiaries of Centrica has been terminated.

Enquiries:

 
Trinity Exploration & Production                  Tel: +44 (0)13 1240 
 Joel "Monty" Pemberton, Chief Executive Officer   3860 
 Tracy Mackenzie, Head of Investor Relations 
RBC Capital Markets                               Tel: +44 (0) 20 7653 
  Nomad & Joint Broker                             4000 
  Matthew Coakes 
  Daniel Conti 
 Oil & Gas Advisory 
  Jakub Brogowski 
  Roland Symonds 
Brunswick Group LLP (PR Adviser)                  Tel: +44 (0) 20 7404 
 Patrick Handley                                   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

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