Articles On Triangle Energy (ASX:TEG)

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...

Triangle Energy (TEG) enters a trading halt regarding a potential capital raise It isn’t clear how much the oil producer will raise nor how it plans to spend the money once received Earlier this week, the company began a seismic survey ove...

Energy One acquires CQ Energy, making it the largest provider of 24/7 operational energy services in the country  Magnis reaches 67% completion milestone at its New York lithium-ion battery plant Pilot and Triangle Energy to restructure pr...

Triangle Energy has outlined a series of new initiatives including the commencement of a seismic program alongside some permit adjustments which should result in a serious reduction in abandonment liabilities.

Pilot Energy and Triangle Energy have struck a deal to re-align their interests in the Cliff Head JV which will allow the pair to charge ahead with a proposed carbon capture and storage (CCS) project in WA’s Mid-West. Pilot Energy (ASX:PGY)...

WA oil producer Triangle Energy and joint venture partner Pilot Energy have signed an export deal with the Port of Geraldton from expanded facilities at its Perth Basin processing plant.

Triangle Energy’s acquisition of a highly prospective Perth Basin block has been boosted by news it has delivered a 370 per cent increase in its best gas resource estimate – from 165bcf of gas to 617bcf.

Feasibility studies being undertaken by Pilot Energy in WA’s Mid-West have confirmed the viability of the company’s existing Cliff Head Oil Field infrastructure and operations to be transformed into a globally competitive, integrated clean...

Oil prices have been soaring on concerns that the Russia-Ukraine conflict could further reduce already stretched crude supplies, though some commentators have already written off the 3-4 million barrels per day that Russia typically sells i...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Triangle Energy’s new board has laid out its plan for the road ahead since taking control of the Perth Basin operator, focusing firmly on the $11 million final shipment from the BP Kwinana facility in June.

“The first priority has been to cement the cashflow from the next oil lift and determine which plans will be best for future deliveries. Given the positive oil price environment, maximising production is a clear focus, along with generating...

Danish renewable energy developer, Copenhagen Energy, has ambitious plans to install 200 wind turbines off the coast of Western Australia between Mandurah and Bunbury, helping WA fast-track its path to decarbonisation and easing the states’...

Perth Basin operator Triangle Energy is heading into 2022 with a completely refreshed board of directors led by new managing director Conrad Todd after his appointment this week to steer the company.

“The board envisions a smooth transition and looks forward to generating further value for shareholders from the company’s attractive portfolio of assets," says non-executive chair Greg Hancock.

The S&P/ASX200 is lower in late trade on Tuesday, dropping around 30 points or 0.4%, after iron ore futures plunged in Singapore. The SGX March booking shed a full 10% after lunch (Singapore time) on reports Beijing has just had it with...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Large cap Aussie stocks managed to close slightly higher on Monday, after a fickle few hours of afternoon trade. But that brave little battler, the Emerging Markets index (ASX:XEC) is down 2.3%. — its biggest drop since February 3. It foll...

IG Markets’ Kyle Rodda says a surging iron ore price – which topped $150 per tonne again overnight – has been the major driver of the rippling, Hemsworth-esque strength on show at the ASX earlier today. The benchmark index climbed to a seve...

CEO and Managing Director of Triangle Energy (TEG) Robert Towner resigns from the company and its subsidiaries Mr Towner was appointed into these roles in July 2014 and since then Triangle has become the majority owner and operator of the...

Triangle is highly leveraged to the recent upward revaluation in crude oil prices and is benefiting from the soft Australian dollar.

The S&P/ASX200 is still climbing at the close, with a reassuring word or two from the RBA and strength on Wall Street seemingly doing the trick. Most sectors in the green, except tech, with the iron ore big guns leading the way for Mate...

Following positive early indications from feasibility studies, Pilot Energy has decided to retain full ownership of its WA-481-P permit and Cliff Head Renewable Energy Project. Pilot Energy (ASX:PGY) has made substantial progress on advanci...

During the December quarter, the Cliff Head Joint Venture (CHJV) continued to produce and deliver crude oil to BP Kwinana and by quarter’s end had delivered 58,839 barrels of crude oil.

Bearish sentiment is still gripping the local markets, but the ASX managed to pull into itself into positive territory in the last 30 minutes of trading. The benchmark would have slumped more today had it been not for the Mining sector, whi...

Stockhead’s Top 10 at 10, published at 10.40am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...