Asset Profile: Inniss-Trinity

Summary Information

Asset Inniss-Trinity
Location Onshore, South Trinidad
Ownership 100%
Operator Challenger Energy
Stage Production
Asset Type Incremental / Enhanced Production Service Contract
Recoverable Resource* ~5.2 mmbbl
Cumulative Production ~23 mmbbl
Fiscal Regime Royalty
Tenure Expiry March 2022; pending renewal to September 2031

 

* 2P + 2C Recoverable

Asset Description

  • Legacy field having produced over 23MMbbl since development
  • Incremental Production Sharing Contract (IPSC) since 2014 having peaked at 220 bopd

 

Technical Highlights

  • ~15 active wells
  • Producing 28-38 API oil
  • Pilot CO2EOR programme completed

Near-term Milestones

  • Implement further Pilot CO2 EOR programme
  • Increase production by >100 bopd
  • Extension of term

Share Price

05/07/2022

0.10

Share Price Performance

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