Articles On Triangle Energy (ASX:TEG)

What’s the best performed commodity of the last two years? Try Western Australian domestic gas for a start. Despite having monster gas reserves on the North West Shelf destined for export markets, the WA domestic market is in a spot of both...

The ASX200 closed up just under half a per cent. Materials led the rally and finished more than a per cent up – whilst communication and healthcare dropped off the pace. BHP Group was a standout stock – the company shot up nearly one...

Australia’s unemployment rate has edged up to 3.8%, according to the latest ABS data for March – marking a 0.1% increase – Despite nearing 4%, the labour market remains historically tight, with today’s data showing minimal movement. The...

Triangle Energy (ASX:TEG) is gearing up to spud a well in the Perth Basin to kick off FY25, the company announced on Thursday. To be called Booth-1, the well will be sunk by a rig called Ventia 106 in the North Perth Basin within the eas...

ASX rises 0.77pc, hefted heavenward with the help of a huge tech buy InfoTech was the best of the sectors, up 6.81pc by day’s end Small cap winners included James Bay Minerals, Bellavista Resources and Way2VAT   Local markets have stru...

  ASX200 ends lower on bad corporate reveals The falling Healthcare Sector remains CSL’s slave Small cap winners led by Ansarda A big day for blue chip earnings reports has led the Australian sharemarket all over the shop and eventually l...

In a significant development on the clean energy frontier, Pilot Energy and Samsung C&T Corporation Engineering & Construction Group have joined forces through a non-binding MoU to spearhead the Mid West Clean Energy Project (MWCEP)...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

The Resources Rising Stars Summer Series conference is back in Sydney on 14 November and Melbourne on 16 November Compelling line-up of companies – including several energy plays – to deliver presentations and speak to investors Greenvale...

Pilot Energy is on the homestretch to receiving approval in the coming months from the Australian government for its Cliff Head oil field in WA’s Mid West to be converted into a greenhouse gas storage location. Pilot Energy (ASX:PGY) is po...

Strike’s takeover bid for Talon could spark more deals High demand for gas in WA makes high quality Perth Basin gas assets more attractive Perth Basin highly attractive place to deploy capital for oil and gas exploration The Perth Basin h...

Strike Energy (STX) is moving to acquire Talon Energy (TPD) Both parties already partner in the Perth Basin at Walyering Talon has a stake in a Mongolian gas project and it wants to de-merge the company as a ‘Mongolian Spin-Out’...

Pilot Energy will become the sole owner of the Cliff Head Oil Joint Venture with the company striking a deal to acquire the remaining interest in the project from partner Triangle Energy. The agreement provides a clear pathway for the Carbo...

Triangle Energy (TEG) sells its 78.75 per cent interest in the Cliff Head oil field JV to Pilot Energy (PGY) Triangle receives a total consideration of $15 million for its interest in the JV Both parties announced the revised agreemen...

Independent investment advisory firm Whairo Capital is confident Pilot Energy is set to pioneer and become one of Australia’s first globally competitive clean energy providers given its achievements to date. Arguably one of the most active...

With gas production imminent and plenty of exploration upside, Talon Energy has been ranked by broker Euroz as a speculative buy with a price target of $0.36, double its current $0.18 price. Production from the Walyering gas field in the Pe...

Tony Locantro, Alto Capital   BUY RECOMMENDATIONS   BUY – Triangle Energy (Global) (TEG) The company’s Cliff Head oil field produced 53,871 barrels for the quarter ending March 31. TEG has farmed out 25 per cent of interests in exploration...

With cashflow expected to start in a month’s time, Talon Energy is uniquely differentiated from countless other explorers in being able carry out further drilling without tapping the market. Indeed, the company’s cornerstone asset – its 45%...

If Saudi Arabia had been hoping that its unilateral decision to slice 1 million barrels off its daily production at the latest OPEC meeting would bolster oil prices, which have for most part remained below US$75 per barrel in the past two m...

Companies with exposure to Artificial Intelligence (AI), quantum technology, green energy, childcare and aged care are set to be bolstered by the delivery of Australia’s Federal Budget last evening. But companies focussed on offshore gas...

Pilot Energy continues to attract significant partners to its Cliff Head Carbon Capture and Storage Project in Western Australia’s Mid West, with the most recent entrant being Svante Technologies — which counts Samsung, GE, and Chevron amon...

The Australian government’s Safeguard Mechanism reforms to slash carbon emissions from the country’s largest polluters. Reforms provide a clear business case and commercial incentive to accelerate investments to abate emissions, Pilot Energ...

Talon Energy (TPD), along with its joint venture partners, has completed a preliminary assessment of the resource estimate at the L7 permit in the Perth Basin, WA Three gas prospects were identified in the Kingia Interval, with plans to...

The ASX extended the week’s losses by falling 0.4% today Star Entertainment Group posted a loss so large it almost defies description Mt Monger has had a fantastic day, up 46.6% after joining the Great Canadian REE Rush   The ASX has fall...

In 2022, hydrogen upheld its momentum as an important piece of the global net zero emission by 2050 puzzle. More countries released national strategies, the first fleet of hydrogen trains started operating in Germany, and new applications –...

The case for carbon capture and storage (CCS) just got a whole lot stronger thanks to the Safeguard Mechanism reforms and the findings of an independent review of Australian Carbon Credit Units (ACCUs) that supports the need for additional...

ASX 200 edges higher, small caps chalk up big win on Thursday Gold punched through $1,850/oz overnight, gold stocks gain Small Cap winners today: Lindian Resources, Grand Gulf Energy, PolarX   ASX 200 edges higher, small caps chalk up big...

Talon Energy (TPD) strikes a $9 million farm-in deal with fellow ASX-listed Triangle Energy (TEG) over two key onshore oil and gas permits in WA’s Perth BasinTalon plans to earn a 25 per cent interest in the L7 production licence and EP 437...

Pilot Energy and partner Triangle Energy have notched the major milestone of becoming the first in Australia to lodge a submission seeking regulatory approvals for an offshore CCS project under legislation that has been in place since 2006....

Anglo American commits to 100pc renewable electricity for its operations in Australia from 2025 FFI partners with Windlab on a ‘Super Hub’ expected to generate 10GW of wind and solar power AGL ushers in a cleaner future for energy in Austr...

Triangle Energy closed the September quarter on a high, completing its first oil delivery via a new shipping route, acquiring two onshore exploration permits and banking a few million in oil sales.

ASX-listed Triangle Energy could soon have $6.72 million to inject into its portfolio of WA-based oil and gas operations after selling off a slice of its interests in NSW developer State Gas.

Triangle Energy has formalised a deal to restructure Cliff Head Joint Venture with Pilot Energy. The company currently owns 80 per cent of the project but has agreed to sell half of its share for $1 million.

Triangle Energy’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.

Triangle Energy has completed the acquisition of two highly prospective oil and gas permits in WA’s Perth Basin from ASX-listed explorer Key Petroleum for $600,000 in cash and $500,000 in shares.

Benchmark set to end the day down about 2.0% Geopolitics and overseas rate-raising spree weigh heavily A couple of late bolters bring some small comfort, but really…  Another Friday, and another entirely sub-par experience for anyone watc...

Triangle Energy has taken a 100 per cent holding of oil and gas acreage in Western Australia that is currently producing 700 bopd and holding 617 Bcf and 19 million barrels of potential gas and oil respectively

Support for carbon capture and storage (CCS) is accelerating with the Australian government stepping up approvals of offshore storage sites as part of a strong push to get oil and gas companies to ratchet up decarbonisation investment and c...

Boutique and independent research house Volte Corporate says Pilot Energy has “been quietly kicking goals while the hydrogen and renewables sector has been having a breather” and that the emerging clean energy producer is “coming off a very...

Triangle Energy has completed its second oil shipment from its Cliff Head JV operation. The 26,500 barrels joined oil from its maiden lift with the 51,000 barrels now enroute to a refinery in Thailand.

Oil producer Triangle Energy has navigated an evolving commodity landscape, locking away $13.8 million in cash at the end of June – a leap of more than $11 million above its previous quarter.

Triangle Energy has cemented a new export route for its Cliff Head oil to Asian crude markets, loading out 24,500 barrels through a newly established facility at the Port of Geraldton with more to come.

Joint venture partners Triangle Energy (TEG) and Pilot Energy (PGY) progress activities for the first oil export through the Port of Geraldton Following trucking from the Arrowsmith Stabilisation Plant in Perth, 24,500 barrels of oil have...

Triangle Energy has pushed back its onshore Perth Basin acquisition until September 30 to soak up Key Petroleum’s onshore WA interests as it pivots towards big gas targets on dry land.

In this series, global equities portfolio manager James White ditches micro and macro and embraces “The Meta” perspective. A place where James can obsess over the detritus of where economies crash into equities. Whitey’s house is Lessep IM,...

Triangle Energy hopes to add 130 barrels of oil per day from its Cliff Head platform by replacing a downhole electrical pump that failed last year after 12 years in operation. The well was closed in September.

ASX to open the day lower following Wall Street’s retreat Investors are concerned about the rise in oil, with Brent now trading nearing US$124 a barrel Ethereum is close to its much anticipated “merger” Local shares are set to open lower...

Triangle Energy will bank almost $17 million from the Cliff Head oilfield in the last output to be sold through BP’s Kwinana oil terminal before the WA facility is converted into a clean energy hub.

Pilot Energy isn’t wasting any time on delivering what will be Mid-West Western Australia’s first operating offshore carbon capture and storage (CCS) project, with the company having now engaged key consultants to move the project forward....

Triangle Energy (TEG) completes a bookbuild to raise $3.5 million via a placement to sophisticated and professional investors More than 269 million new fully-paid ordinary shares will be issued to investors at 1.3 cents, a 13.3 per cent di...