Trinity Exploration & Production (GB:TRIN) has released an update.
Trinity Exploration & Production plc has secured an Exploration and Production Licence for the Buenos Ayres block in Trinidad and Tobago, effective from 1st July 2024, after successful negotiations. Holding an 85% interest, the company is set to embark on a six-year work programme, including four exploration wells and extensive geological studies to assess the area’s potential. The block’s proximity to Trinity’s existing operations offers potential operational synergies and efficiencies.
For further insights into GB:TRIN stock, check out TipRanks’ Stock Analysis page.
