Tag: TEG

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...
Natural gas prices surge demand rises Europe northern winter 2021 Australian LNG exporters

Natural gas prices surge as demand rises in anticipation of northern winter

Natural gas prices are soaring as the northern hemisphere begins to prepare for a very cold winter, all the while focused on a post-COVID-19 recovery, and as economies steer away from coal and aim to ...
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 ASX TEG oil gas targets Mt Horner Licence L7

Triangle Energy confirms prospective oil and gas targets within Mt Horner licence L7

As Triangle Energy (ASX: TEG) works to secure the remaining 50% interest in the Mt Horner licence L7 from Key Petroleum (ASX: KEY), it has confirmed a prospective resource estimate for numerous prospe...
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...
Oil price recovery stocks ASX July 2021 OPEC

Value gap opens as oil price recovers but stocks stay down

“Oil, oil and more oil,” sounds like an investment tip from 100 years ago and not last week, but that’s what Jeff Currie is advising and he’s the commodity guru at the world’s leading investment bank,...
Triangle Energy ASX TEG Perth oil basin Cliff Head

Triangle Energy tops up coffers to rejuvenate Perth oil basin

Oil and gas company Triangle Energy (ASX: TEG) is pursuing ways to integrate its assets in tomorrow’s world with a strategy aimed at unlocking more oil reserves and gradually leveraging its existing i...
Triangle Energy Key Petroleum ASX TEG KEY Mt Horner oilfield oil

Triangle Energy joins Key Petroleum in Mt Horner oilfield

Triangle Energy (ASX: TEG) has entered a farmout deal with fellow Australian oil junior Key Petroleum (ASX: KEY) to acquire a 50% stake in the Mt Horner oilfield in Western Australia’s Perth Basin. ...

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