Tag: PGY
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 Sin...
West coast gas sector heats up as companies rush North Perth Basin
Politically incorrect as it might be to invest in oil and gas there is a yawning value gap opening between share prices and a record international price for natural gas, with a bonus in the form of a ...
Triangle Energy and Pilot Energy return offshore Cliff Head oil well back to production
Experienced Perth Basin oil producer Triangle Energy (Global) (ASX: TEG) has announced a return to production for the CH-6 well within the Cliff Head oilfield, 11 kilometres off the coast of Western A...
Triangle Energy works to close deal with Key Petroleum for exploration licence
The sale of onshore Perth Basin exploration licence EP 437 has moved a step closer with Triangle Energy (ASX: TEG) and Key Petroleum (ASX: KEY) agreeing to extend the cut-off date for the deal to 30 S...
Junior energy stocks are back in the spotlight
The Australian Securities Exchange this week sent out a raft of price queries after a large number of hitherto languishing penny energy stocks sprung to life, with some recording three figure percenta...
Red Emperor joins Pilot Energy and Key Petroleum in offshore WA oil and gas block
Oil and gas explorer Red Emperor Resources (ASX: RMP) has inked a deal to acquire up to a 70% stake and the right to operate a large offshore oil and gas block in the shallow waters of Western Austral...
