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Trinity Exploration & Production PLC

Trinity Exploration cashflow-positive, debt free and growing its production base

Bruce Dingwall, executive chairman of Trinity Exploration & Production PLC (LON:TRIN), speaks to Proactive London's Andrew Scott soon after the release of their interim results to 30 June 2019.

Production averaged 3,008 bopd, a like-for-like increase of 9% versus the same period last year and Dingwall expects that to rise in the second half of this year as they kick off onshore drilling.

Production has already begun from the first new infill well of the campaign with production from the second well expected imminently.

''It's very much a production-led business'', Dingwall says.

''We judge ourselves on production and cashflow - that's it''

Quick facts: Trinity Exploration & Production PLC

Price: £0.12

Market: AIM
Market Cap: £47.53 m
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