Lady Jennifer
13 Apr 2018
Re: Trinidad. TRIN and others - Notes et... That might have something to do with Trin being profit making (and growing) and virtually (‽
Debt Free.The audited figures will be released in a few weeks which should provide a bit more clarity on this.Personally, I am hoping to see the CLNs paid down around the end of the year.
Lady Jennifer
13 Apr 2018
Re: New Articles This might be an interesting way to while away an hour.Happy listening......[link]
Lady Jennifer
13 Apr 2018
Re: I expect TRIN is on Maclays bucketli... Winnifrith show re trading......Surely not "Show me the Money"..?? That was ages ago!I really loved that show and still miss it terribly.......
Ripley94
02 Apr 2018
Re: Trinidad. TRIN and others - Notes et... If you compare on 3 month chart of the tips in the link by lady Jennifer .This one has the largest rise.others in profit RKH and PMG.PMO is 5% down and SQZ 11 % down.Food for thought.
Ripley94
31 Mar 2018
Re: Trinidad. TRIN and others - Notes et... Thanks Lady J interesting links.
Ripley94
31 Mar 2018
Re: I expect TRIN is on Maclays bucketlist Malcolm Stacey ramping this one Wednesday 28 march 2018.Hes also saying people are daft not to pay for share prophets blog .But also claims to be a bull who goes against what they suggest ( just as i thought he should try that lol )Do not know what to make of him after watching him on a panel ( Winnifrith show re trading )where he looked the maverick.Thierry laduguie and Clem Chambers came across wiser in that order by my judgement.
MikeyAdmin
13 Mar 2018
Re: Notes etc...Lady J If you remove the s from the https then the link will show in blue and be clickable [link]
Lady Jennifer
13 Mar 2018
Re: Notes etc... A good write up from Michael C. on Linked InTrinity Exploration - Update -- Published on March 12, 2018[link]
Lady Jennifer
09 Mar 2018
Re: Trinidad. TRIN and others - Notes etc. It's a good article I was just about to place it and another into a thread called - "Notes etc.. "I've always liked Edisons work but as you've already posted it, here are some more....CJ Exposure Research - Gaining Exposure to Oil & Gas March 7, 2018[link] Energy Agency - Oil 2018[link]
Nice to Michu
08 Mar 2018
Trinidad.. Trinity E&P and others borrowed from a poster on LSE board: [link]
Lady Jennifer
07 Mar 2018
Re: New Articles An interesting write up from.....[link] Sea veteran hails transformational year for oil and gas firmMARK WILLIAMSON
II Editor
06 Mar 2018
NEW ARTICLE: The Oil Man: Trinity Exploration & Production "Another blog from far flung lands will keep you informed from Trinidad.2017 financial highlights from LSE:TRIN:Trinidad Exploration & Production this morning which I'm glad to say are in line with my expectations with operating profits up 74.6% ..."[link]
Lady Jennifer
06 Mar 2018
Summary from the Whitman Howard report on todays update.. Summary from the Whitman Howard report on todays update..Trinity released its FY17 update this morning, ahead of its FY results in May. We have made only minor tweaks to our model, which increases our RENAV (and PT) from 32p to 33p. We continue to think Trinity’s share price is trading at an unwarranted discount to its fundamental value, and remain with our BUY given solid operating results and potential 2018 catalysts including removal of the CLN overhang and further clarity on the potential value in Trinity’s offshore acreage.
Lady Jennifer
06 Mar 2018
Re: I expect TRIN is on Maclays bucketlist He was a little late but, judging by todays news, right to include them. I particularly like the news regarding debt......
Lady Jennifer
06 Mar 2018
Re: News.... 2017 (Unaudited) Financial Highlights are here.....[link] current year has started positively with production in January rising to 2,811 bopd. The Company aims to at least maintain this level of production during 2018 and is targeting a range of 2,800 - 3,000 bopd for the current year. The Company is planning to implement a further 14 RCPs and 93 workovers/reactivations this year, to continue to invest in the Company's infrastructure and to resume onshore drilling with two new infill wells targeted for H1 2018. The Company is confident that this plan can be delivered under the current fiscal regime, and is refining the pipeline of other well locations for drilling later in the year (contingent on the oil price and clarity regarding the future fiscal regime). The Company's low consolidated operating breakeven (US$30.9/bbl) and the hedging programme which has been implemented in 2017 gives confidence that these growth and investment plans could be delivered even if the oil price declined dramatically to its 2015/16 lows and/or if the current SPT regime remains in place. The Company continues to explore various options to strengthen the balance sheet further, with the intention of repaying the remaining amounts due to the BIR and MEEI, and redeeming the CLN, during 2018 and accelerating the onshore infill drilling programme.Bruce Dingwall, CBE, Executive Chairman of Trinity, commented:"2017 was a transformational year for the Company, with the restructuring and refinancing undertaken at the beginning of the period and our return to production growth in the second half of the year. Our low-cost production model has underpinned a significant increase in operating profits, affording the Company the opportunity to accelerate debt repayment. The combination of our strong balance sheet and proven ability to grow levels of production ensures that the Company is well placed to realise further value in 2018 and beyond.
