Loan Update

RNS Number : 2771Y
Trinity Exploration & Production
16 May 2016
 

Trinity Exploration & Production Plc

(the "Company" or "Trinity"; AIM:TRIN)

 

Loan Update

 

 

16th May 2016

 

Trinity, an independent E&P company focused on Trinidad and Tobago, today announces that the Company has agreed a further extension to the moratorium on principal repayments, relating to Trinity's outstanding debt balance of US$13.0 million with its lender, until the 20th May 2016.

 

 

Enquiries:

 

Trinity Exploration & Production

Bruce Dingwall, Executive Chairman

Tracy Mackenzie, Head of Investor Relations

 

Tel: +44 (0)13 1240 3860

 

 

 

RBC Capital Markets                                                              

Nomad & Broker

Matthew Coakes

Daniel Conti

 


Oil & Gas Advisory

Jakub Brogowski

Roland Symonds

 


Tel: +44 (0) 20 7653 4000

 

 

 

 

Tel: +44 (0) 20 7653 4000

 

About Trinity

Trinity is one of the largest independent E&P company focused on Trinidad and Tobago. Trinity currently operates assets onshore and offshore on both the West and East coasts. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects.  The Company operates all of its licences. Trinity is listed on the AIM market of the London Stock Exchange under the ticker TRIN.LN.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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