SHARES in Bayfield Energy fell 27% after trading in them was restored ahead of a proposed reverse takeover by Trinity Exploration and Production.
Dealings recommenced yesterday some 15 weeks after they were suspended following the announcement of the pro-posal for a £45 million deal with Trinity to create the largest Trini- dad-focused oil and gas group.
Trinity Exploration and Production is run by Bruce Dingwall, a founder and former chief executive of the North Sea-focused Venture Production business acquired by Centrica for £1.3 billion in 2009.
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