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Trinity Exploration acquires Trinidad and Tobago licence for $3.5m

StockMarketWire.com

Trinity Exploration & Production said it had agreed to acquire an onshore licence in Trinidad & Tobago from Moonsie Oil Company for $3.5 million.

The acquisition, funded from the company's existing cash resources, offered 'significant' opportunities to add reserves and production on a meaningful scale,' it said.

At 9:36am: (LON:TRIN) Trinity Exploration Production share price was 0p at 8.45p


Story provided by StockMarketWire.com