Trinity Exploration & Production (GB:TRIN) has released an update.
Trinity Exploration & Production reported a drop in Q3 2024 sales volumes due to deferred well activities and unexpected power outages, with average realised oil prices also declining. The company is in the process of being acquired by Lease Operators Limited in a deal valued at 68.05 pence per share. Despite operational challenges, Trinity maintains its focus on oil production in Trinidad and Tobago.
For further insights into GB:TRIN stock, check out TipRanks’ Stock Analysis page.
