Triangle Energy (Global) Ltd
Triangle Energy Global spuds Becos-1 exploration well in WA’s Perth Basin
Triangle Energy Global (ASX: TEG) has spudded its much-anticipated Becos-1 exploration well in Western Australia’s Perth Basin. Triangle, with a 50% stake and as operator, is drilling the well on behalf of the EP 437 joint venture with Strike Energy (ASX: STX) and Echelon Resources (ASX: ECH), each of which holds a 25% interest. “We […]
Triangle Energy explores potential for WA renewable fuel refinery, reduces decommissioning cost estimate for Cliff Head
Perth Basin oil producer Triangle Energy (ASX: TEG) has launched a front-end engineering design (FEED) study to investigate the potential to establish a modular, flexible feed renewable fuel refinery in Western Australia’s Mid-West. If successful, it could be the first co-processing renewable fuel refining project in Australia. This FEED phase follows positive outcomes resulting from […]
Triangle Energy completes lifting of Cliff Head crude from BP Kwinana Terminal
Perth Basin oil producer Triangle Energy (ASX: TEG) has announced it has completed the lifting of 107,000 barrels of Cliff Head crude oil from the BP Kwinana Terminal in Western Australia under its master sale and purchase agreement with BP Singapore. Triangle and its Cliff Head joint venture partner Pilot Energy (ASX: PGY) recently inked […]
Triangle Energy and Pilot Energy lock in offtake agreement with BP Singapore for Cliff Head oil production
Oil and gas producer Triangle Energy (ASX: TEG) and junior explorer Pilot Energy (ASX: PGY) (together forming the Cliff Head joint venture, or CHJV) have signed a binding offtake agreement with BP Singapore in relation to crude oil production from the Cliff Head field in the Perth Basin, about 12 kilometres off the Western Australian coastline. Under the terms […]