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Trinity Exploration & Production secures agreement with Centrica


Published Jul 18, 2014
Trinity Exploration-2

Trinity has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b offshore the west coast of Trinidad for a headline consideration of US$23 million. The Assets contain four gas discoveries with aggregate gross 2C resources of 268 Bcf (215 Bcf net)(1).

The gas is fully appraised but currently undeveloped and Trinity is targeting first production from this project in 2017-2018 for sale to the domestic gas market.

Tags: Trinity Exploration




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