Trinity Exploration & Pr... Share Discussion Threads

[squiresquire] 15/9/2017 12:11

Run up coming next week i hope to results, they should be very good.

[muddy_40] 15/9/2017 12:06

What is the lifting costs here per bbls? Trin seem to have high production but low M/C

[marvelman] 15/9/2017 11:28

The disparity between Columbus's market cap (20 million) and TRIN (28 million) is becoming farcical. Perception it appears is a more valuable set of numbers than is reality....

[mark10101] 14/9/2017 15:33

Oil on the rampage and TRIN is earning more and more money by the day and yet here we are at the magic 10-11p range....

[mark10101] 13/9/2017 15:15

There is a fixation with 10.5p here. It is could be manipulation for a buy or we could be raising money at 10p. I doubt it would be one of the original 5p backers selling up I don't see why they would be so fixated at this particular level, they should have been selling on the way up to 18p and back down again.

[bones] 13/9/2017 14:37

Perhaps one of those giants on the east coast may spot some more cheap assets out there? :)

[spellbrook] 13/9/2017 09:21

Non TRIN news..but investment in Trinidad





IT’s a billion-dollar vote of confidence in Trinidad and Tobago’s energy future.
Royal Dutch Shell—Europe’s biggest energy company—is betting big on liquefied natural gas and offshore exploration and production here over the next three to four years.
It’s a series of investments so big, it will easily translate into billions of dollars expended to boost local and global gas demands, explains Derek Hudson, vice president of Shell Trinidad and Tobago.
Globally, Shell has made clear its outlook and plans for the next few decades, most recently to investors in London and New York.
Trinidad and Tobago, Hudson tells Express Business, is “extremely important” for the integrated natural gas strategy of the global Shell corporation.
“This is manifested in the year that I have been back here (Hudson returned to T&T in June 2016 following his assignment in Tanzania), by the company spending almost US$300 million for the gas resources of Centrica on the north coast, and also Chevron’s interests on the east coast. That is a reflection of how serious Shell is about Trinidad.”
Shell spent US$30 million on Centrica’s 17 per cent stake in the NCMA-1 block and 80 and 90 per cent, respectively in NCMA-4 and Block 22.
Shell’s acquisition of Chevron cost the Anglo-Dutch oil and gas giant US$250 million for blocks 6, 5a and E.

[spellbrook] 13/9/2017 08:48

All will be revealed,nice to know that they will both be on hand....


Trinity, the independent E&P company focused on Trinidad and Tobago announces that it will be hosting an investor presentation in London on Monday 25 September 2017.

Bruce Dingwall, Executive Chairman and Jeremy Bridglalsingh, Chief Financial Officer of the Company will present the operational and financial results for the half year ended 30 June 2017, as well as an overview of the Company and its plans for the future

[shrewdmole] 12/9/2017 11:45

Neither have I mate!!
Not sure how long they can delay them?

[mark10101] 12/9/2017 08:02

There was a big uncrossing trade at the end of the day, maybe Shrewdmoles purchases caught them out.

[aimmafia] 12/9/2017 07:56

Haven't seen your 2x250k shrewd

[shrewdmole] 11/9/2017 16:50

It's Opti at 39p

[uapatel] 11/9/2017 15:54

Thanks shrewdmole.

[shrewdmole] 11/9/2017 15:51

Manipulation?

Bring held back I reckon for a major buyer.

Whatever is going on when the blockage is cleared we will flow very nicely.

Been here before and not buying more now becomes a regret - hence I've added about 850k today. The splintered buys are mine and there are 2 x 250k buys to show. Plus a couple of hundreds.

S

[aimmafia] 11/9/2017 15:37

2 PME - lovely!

[ny boy] 11/9/2017 15:33

Sell/Buy is 10.5 p/10.83p pretty tight spread

[lw425] 11/9/2017 10:38

Heads up guys

RKH

8115487M BUY this morning at 23p.

over 1.85m sterling.

[squiresquire] 11/9/2017 08:43

whiskey

Certainly agree he has emphasised the 25th, looking forward to reading the results as they really are making progress on all fronts

[whiskeyinthejar] 10/9/2017 23:28

Most of my shares in Trinity were bought after I sold out of another AIM oil company -Ithaca. I tripled my money on Ithaca over 18 months. There was no strike it rich event. But the share price steadily rose as market anticipated production growth. So Ive no idea how fast Trinity share price will rise, but Im absolutely certain we don't need exploration wells. We already got millions of barrels of oil.

A golden rule of trading is to keep your emotions out . Advfn posters who go chasing excitement arent therefore traders IMO, they are gamblers. Most traders lose, all gamblers lose.

Anyway, this is time of year when capex budgets are agreed.

Trinity has plenty of cash. A couple of offshore in-fill drills ought to be cheap, low risk and capable of adding 1000 bopd of production.

But I dont know what Bruce has to announce on 25th. However he seems to be placing significance on it with a investors event the same day as the update and results.

In any case, IMO it's difficult to imagine with production now growing, and market anticipating ever more production that we will be stuck on 10p for too much longer.

An improving story usually means an improving share price.

[ffp] 10/9/2017 18:35

Yes but what of the pollution of producing batteries, i ASK?

[mark10101] 10/9/2017 18:19

A good move, I think the switch to electric for domestic use in a smart move for all nations. Much better to conserve oil for the remaining petrochemical industry and vehicle that can not yet practically use batteries.