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Triangle gets $9.96m boost after WA gas deal

Triangle Energy Global has reeled in $9.96 million after farming out 25 per cent of its L7 production licence and EP 437 exploration permit in WA to New Zealand Oil & Gas. The deal follows a similar agreement with Talon Energy last year and allows Triangle, who still retains a 50 per cent stake in the assets, to advance exploration in the zones via the newly formed joint
New Zealand General New Zealand Western Australia Cliff Head Perth Basin Conrad Todd

Triangle executes second oil delivery via new route

JV partners Triangle Energy Global and Pilot Energy have firmed up the efficiency of a new shipping route through the Port of Geraldton in WA after completing a second delivery of 52,900 barrels of oil to a refinery in Thailand. The vessel carrying the freight has since returned from its voyage and has been loaded with a fresh batch of 25,000 barrels of liquids ahead of a new
Western Australia Triangle Cliff Cliff Head Conrad Todd Pilot Energy Triangle Energy Global

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Triangle JV lands pay day after WA oil shipment

Triangle Energyโ€™s Cliff Head JV with Pilot Energy could soon pocket about $6.8 million after unloading and subsequently selling off close to 51,000 barrels of oil via a new shipping route through Thailand. The Perth-based oil and gas player could earn about $5.4 million from its share in the project with the companyโ€™s joint venture partner taking home an estimated $1.4 million
Western Australia Cliff Head Perth Basin Conrad Todd Triangle Energy Global Cliff Head Triangle Energy

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