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Trinity Exploration drills four of the twelve wells planned for 2013


Published Apr 9, 2013
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Trinity Exploration

Trinity, the independent E&P company focused on Trinidad and Tobago, is pleased to provide an update on its operations.

Highlights

•Current net production of 3,911 bopd (4,579 bopd gross) •Four onshore wells drilled and completed with average initial production rates of 150 bopd per well (versus budget of 50 bopd) •Deployment of Trinity's operational management team at Galeota and implementation of new procedures complete; shut-in wells at Trintes coming back online at expected rates •Rig Sharing Agreement executed with three other operators for the Rowan Gorilla III jack-up rig. Trinity is taking the first rig slot and will drill its first exploration well on the Galeota licence in Q3 2013

Tags: Trinity Exploration




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