LGO provides an update on oil production in Trinidad. During the last week production at the Goudron and Icacos Fields in Trinidad (LGO, 100% and 50% respectively) has averaged over 170 bopd, with production reaching 201 bopd on the 27 January 2012, the last day for which reports are available.

The Company's Chief Executive, Neil Ritson, said,"Our production in Trinidad continues to grow rapidly in line with our expectations. The plans we have in place should ensure continuous growth for the immediate future. Production in Trinidad has now surpassed Spain and we are delighted with our decision to focus more of our resources on Trinidad, and we look forward to issuing further updates as the year progresses."

The Goudron Field has now exceeded the second production target of 150 bopd set by the Company when it acquired the operatorship of the field in October 2012. The first production goal, of 100 bopd, was reached on the 20 November 2012.

Tags: Leni Gas & Oil Plc