Tuesday, April 19, 2011

Centrica plc (LON:CNA) Signs Production Deal

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Centrica plc (LON:CNA) has signed a production sharing agreement with Trinidad to produce hydrocarbons. Centrica plc (LON:CNA) Signs Production Deal Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full CNA chart at Wikinvest The energy giant Centrica plc (LON:CNA) has signed an agreement with Trinidad and Tobago for the exploration, development and production of hydrocarbons in the NCMA 4 block. The company has bid for the production sharing contract for five blocks in Trinidad. Centrica plc (LON:CNA) will construct a floating liquefied natural (LNG) gas facility to convert to gas. Centrica plc (LON:CNA) manager for Trinidad and Tobago Ko Jacobs said, “We … are currently examining various innovative options which would allow for the commercialization of the discoveries in a reasonable time”. Centrica plc (LON:CNA) company shares stood at 324.5 at the end of the last trading session (last trade 12:00). Price History Last Price: 324.5 52 Week Range: 234.06- 351.90 Last Vol: 1884257 3 Month Vol: 78145800



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