16th Aug 2018 13:49
LONDON (Alliance News) - Trinidad-focused oil and gas firm Trinity Exploration & Production PLC on Thursday said it is now debt free after paying off loan notes.
Executive Chairman Bruce Dingwall said: "We are delighted to have repaid early all of our outstanding debts and now being debt free allows us to remain fully focused on the future."
"Moving forward with a clean balance sheet and a strong inventory of growth opportunities means we look to the future with confidence and are ideally positioned to take advantage of future opportunities as the environment in Trinidad & Tobago evolves."
Shares were down 1.5% on Thursday at 16.68 pence each.
Related Shares:
Trinity