Opportunities with Petrotrin

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Exploration and Production Strategic Focus Areas • Reversing the declining trend of reserves and production from a mature asset base while developing new fields • Controlling cost of operations • Improving Asset Integrity • Pursuit of External <strong>Opportunities</strong> 8 8
Exploration and Production Key Upstream Activities • Exploration and subsequent development activity following 3D seismic on Land . • Accelerated exploitation of Trinmar Licence – SWS reactivation and development – Cluster 6 (Jubilee) • Improving recovery from stripper land operations (Enhanced Oil Recovery (EOR), Field Optimization etc.) • Reactivation of idle wells • Monetization of Trinmar heavy oil reserves • Upgrading infrastructure on land and offshore • Drilling and Workovers – Trinmar 1 drilling rig yr and 2 workover rig yrs – Land 1.5 drilling rig years 18 workover rigs (10 Contractor) • Land Bid Round – <strong>Petrotrin</strong> to facilitate Land bid round on behalf of MEEA . Areas outside of existing producing fields to be put out for bid 9
Page 1 and 2: Petroleum Company of Trinidad and T
Page 3 and 4: Petrotrin in National Development B
Page 5: Exploration and Production 5
Page 10 and 11: SWS CONTRACTED FLOATING FACILITY(BE
Page 12 and 13: SW Soldado Cluster 20 (Prep work on
Page 14 and 15: Refining and Marketing Clean Fuels
Page 16 and 17: ULSD CONSTRUCTION 16
Page 18 and 19: Other Opportunities • Supply of s
Page 20: WILD FOWL TRUST AT POINTE-A-PIERRE

Opportunities with Petrotrin

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