I recently wrote about Touchstone Exploration Inc (LSE: TXP) and its prospects in Trinidad. Trinity Exploration & Production (LSE: TRIN) is another cash generative oil and gas producer with exploration potential. This time both onshore and offshore.
Trinidad already has an infrastructure to handle oil and gas production and the government is keen that a decline in production should be reversed. AIM-quoted Trinity accounts for 5% of oil production and has a good relationship with the state oil company Heritage.
Galeota
Galeota is located off the south east of Trinidad and provides e...