LGO has signed a binding sale and purchase agreement (SPA) to acquire 100 per cent of the issued shares of Tabaquite Exploration & Production Company Limited (TEPCL) from Trinity Exploration & Production, with TEPCL shortly expected to receive a licence to the Tabaquite Block, the most northerly onshore producing block in Trinidad, which contains a number of existing known producing oil and gas fields which LGO plans to reactivate and expand through new drilling.
