+1 868 612 0067 info@trinioil.com ABOUT TRINITY OUR ASSETS INVESTORS NEWS CONTACT US Our Assets – Overview Trinity Exploration & Production Plc. (Trinity) operates three (3) licences and six (6) sub-licences in Trinidad with assets onshore and offshore the East and West Coasts. Trinity holds 100% operated working interest across all onshore assets by way of six (6) Lease Operatorship Agreements (LOAs) and the Tabaquite Farmout Agreement within the Southern Basin and Central Range and currently operates over 170 producing wells onshore from a wider well stock of 1,165. East and West Coast assets are operated under licence agreements with the Ministry of Energy and Energy Industries, within the Columbus Basin and Gulf of Paria. The 2018 management estimated year end 2P reserves and 2C resources totalled 43.3 MMbbls with average production across all assets of 2,871 bopd (FY 2017: 2,519 bopd). Solid Production Growth with Established Growth Trajectory Diversified portfolio 180 active wells (1,086 total) producing from multiple reservoirs Various production methodologies (ESP, Sucker rod, PCP, swabbing, etc.) 2018 work programme: 143 workovers (WOs) & reactivations 17 recompletions (RCPs) Onshore swabbing 8 new infill development wells Q3 2019 production averaged 2,816 bopd. The 2019 drilling campaign will comprise 6 new infill development wells. Workovers and recompletions continuing business as usual. Why Trinidad & Tobago? Stable environment: Credit rating: Moody’s: Ba1/ S&P:BBB+ Heritage and Stabilisation Fund (HSF): US$ 5.9bn1 Gross Domestic Product (GDP): US$21.9 bn2 GDP per capita: US$ 16,0412 Westminster Style Parliament / English Law Highly educated & Skilled Workforce Production: > 100 years of hydrocarbon production 8th largest exporter of liquefied natural gas (LNG) in the world3 Mature infrastructure for oil and gas operations Reforming regime to encourage maximising recovery Players: Majors in Trinidad include Repsol, Shell, BP, BHP, ENI and Chevron Independents include privates such as Perenco and listed operators such as EOG, Range, Touchstone and Columbus Sophisticated local and international oilfield supply chain (e.g. Schlumberger, Halliburton, Tucker Energy, Baker Hughes, Wood Group, Worsley Parsons etc). Fiscal Terms: Petroleum Profits Tax (PPT) – 50% of chargeable profits Supplemental Petroleum Tax (SPT) – Onshore: 18% / Offshore: 26.4%* of net revenues for realised prices above US$ 50.0/bbl (under watch for reform) Sources: 1. Heritage and Stabilisation Fund: HSF Quarterly Report Dec 2017, 2. GDP/ GDP per capita (2016): World Bank Data Centre, 3. LNG exporting countries: www.statista.com Notes: *Net of sustainability incentives (20%) Onshore Assets Share this on ... TrinityExploration.com ©2021 Trinity Exploration & Production PLC. All Rights Reserved. Get In Touch Trinidad & Tobago Tel: +1 868 653 7651 / +1 868 612 0067 United Kingdom Tel: +44 (0) 131 240 3860 Email: info@trinioil.com Privacy Policy Follow us on Twitter Trinity E&P25 Nov #TRIN @Trinity_PLC receives approval for the Field Development Plan for Galeota - potential to add additional peak production of c4,000 bopd on the submitted concept. Dynamic modelling indicates potential intra-year peak production of up to 7,000 bopd https://bit.ly/3CRYuXh Reply on Twitter 1463798526962450432 Retweet on Twitter 1463798526962450432 3 Like on Twitter 1463798526962450432 9 Twitter 1463798526962450432