TRIN Trinity Exploration & Production Plc

TIDMTRIN

RNS Number : 3240H

Trinity Exploration & Production

03 August 2021

Trinity Exploration & Production plc

("Trinity" or "the Group" or "the Company")

Director Update

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that Bruce Dingwall, Executive Chairman of Trinity, has recently been hospitalised due to a serious health incident. Bruce remains in a stable condition, but continues to undergo clinical assessments.

The Board has appointed Mr. Nicholas Clayton, Senior Independent Non-Executive Director, as Interim Non-Executive Chairman during Bruce's period of absence from the business.

Jeremy Bridglalsingh, Managing Director, will continue to lead the Executive Management Team, which was recently strengthened and expanded to include Mr. Denva Seepersad as the Finance Director and Dr. Ryan Ramsook as Executive Manager Sub Surface.

Nicholas Clayton, Interim Non-Executive Chairman of Trinity, commented:

" The Board's thoughts are with Bruce and his family at this difficult time and we wish him a safe and speedy recovery. Trinity has built a solid operational platform in recent years and the Group continues to be extremely well placed to pursue multiple growth opportunities."

Enquiries

For further information please visit www.trinityexploration.com or contact:

 
 Trinity Exploration & Production plc            +44 (0)131 240 3860 
 Nick Clayton, Interim Non-Executive Chairman 
  Jeremy Bridglalsingh, Managing Director 
  Tracy Mackenzie, Corporate Development 
  Manager 
 
 SPARK Advisory Partners Limited (Nominated 
  Adviser and Financial Adviser)                 +44 (0)20 3368 3550 
 Mark Brady 
  James Keeshan 
 Cenkos Securities PLC (Broker) 
 Leif Powis                                      +44 (0)20 7397 8900 
  Neil McDonald                                   +44 (0)131 220 6939 
 
 Walbrook PR Limited                             +44 (0)20 7933 8780 
 Nick Rome/Nicholas Johnson                      trinityexploration@walbrookpr.com 
 
   About   Trinity (   www.trinityexploration.com  ) 

Trinity is an independent oil production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2020 was 19.55 mmbbls. Group 2C contingent resources are estimated to be 31.06 mmbbls. The Group's overall 2P plus 2C volumes are therefore 50.61 mmbbls.

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAFLFSTTAIFIIL

(END) Dow Jones Newswires

August 03, 2021 02:00 ET (06:00 GMT)

Trinity Exploration & Pr... (LSE:TRIN)
Gráfica de Acción Histórica
De Sep 2024 a Oct 2024

Trinity Exploration & Pr... (LSE:TRIN)
Gráfica de Acción Histórica
De Oct 2023 a Oct 2024