Plenty of momentum in Leni Gas and Oil shares as Trinidad hots up
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Both companies saw their shares hit multi year low’s a couple of weeks ago with Xcite Energy disappointing investors with news that it had failed to tie up a farm out deal for its Bentley North Sea field, driving the price as low as 59p. In the case of GKP it was down to 80p following a statement in their bond offering document that the $250 million bond would be needed…