Trinity Exploration & Production PLC - Trinidad & Tobago-focused exploration and production company - Completes two out of three planned sections for the Jacobin well onshore Trinidad. Says the Jacobin well has encountered shallow secondary formations of good quality oil-bearing reservoirs. Says it is preparing to start drilling in the third section, but notes drilling schedule has been extended due to challenging conditions. Says it anticipates no significant cost impact from the drill extension.

Current stock price: 83.90 pence, up 2.3%

12-month change: down 17%

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