Trinity Exploration & Production (TRIN) H1 2019 results interview
With Jeremy Bridglalsingh Managing Director & CFO interviewed by Tamzin Freeman, piworld.
Jeremy runs through the highlights of H1 19, TRIN’s focus, and what investors can expect for the rest of the year.
What are the key developments in H1? – 00:27
With strong revenue & profitability where does that leave the balance sheet? – 01:52
Where will growth come from? – 02:37
Sustainable and significant cash flow generation – 03:44
Where does that sit alongside SPT? – 04:36
What is it that TRIN does differently, in the region? – 06:12a
Production volumes – 7:53
Offshore production – 08:22
Summary and outlook – 10:50
Trinity Exploration & Production plc is an independent oil and gas company focused solely on Trinidad & Tobago. The Company operates a portfolio of producing and development assets both onshore and offshore, in the shallow waters West and East Coasts of Trinidad. The Company operates through the segment of production, development and exploration and extraction of hydrocarbons. It operates in Trinidad & Tobago with assets onshore and offshore the East and West Coast. The Company holds approximately 100% interest in the exploration license for the Pletmos Inshore block, which covers an area of approximately 11,000 square kilometers. The Trinidad & Tobago is a prolific hydrocarbon basin. Trinidad & Tobago offers a fiscal regime and regulatory environment. The Company’s total average net production is approximately 2,900 barrels of oil per day (bopd). All non-current assets of the Company are located in Trinidad & Tobago.
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