Robust profit possible at current oil prices
Saturday, August 12 2017 @ 12:22 PM AST
Contributed by: DeoBhagan
SOURCE: Trinity Exploration & Production plc, August 9, 2017
Trinity Exploration & Production plc also announced last week it sold its West Coast assets Brighton Marine (BM) and Point Ligoure-Guapo Bay-Brighton Marine (PGB) offshore Trinidad for US$4.55 million. The producing assets put out approximately 200 barrels of oil per day (bopd).
Chinese-run Range Resources Ltd bought the assets.