Tag: PGY

Triangle Energy Pilot BP Singapore ASX TEG PGY offtake crude oil

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...
North Perth Basin West coast gas sector ASX Western Australia

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 Global ASX TEG CH-6 oil Cliff Head

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 Key Petroleum ASX TEG KEY exploration licence oil Perth Basin

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 ASX 2020

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 Resources ASX RMP Key Petroleum Pilot Energy offshore oil North Perth Basin Western Australia

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...

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