Trinity Exploration & Production is taking over Bayfield Energy in a move that will create the largest Trinidad & Tobago-focused player. Trinity shareholders will hold 55% of the new company, which will keep the name Trinity Exploration & Production. Bayfield shareholders will hold the remaining 45%. "The merger will create the largest Trinidad- focused independent E&P company, with 11 oper- ated fields, gross production of approximately 4,650 barrels per day and net production of approximately 3,800 b/d based on current produc- tion rates," said Bayfield.
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