Articles On Triangle Energy (ASX:TEG)

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...

Triangle Energy, operator of the Perth Basin’s only offshore oilfield, is continuing to pursue its drilling prospects in the region as it looks to reignite its activities near its Cliff Head field.

While regulatory approval for the proposed transaction remains pending Pilot will progress the work program for the exploration permit independently of Triangle.

Stockhead’s Top 10 at 10, published at 10.15am 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...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

On a day when markets finished flat, the highlight of the day was ASX debutant Close the Loop (ASX:CLG). This company, which provides resource collection, recycling company and sustainable packaging solutions listed at 20 cents per share bu...

ASX recovered some lost ground in arvo trade but still finished 0.54% down, as markets continue to be shaken by the discovery of the omicron variant of COVID-19 and falling oil prices. Resources and tech managed to finish in the green – by...

Triangle Energy is set to complete a study on a first of its kind fuel refinery in WA that will use crude, condensate and bio-crude feedstocks to produce renewable diesel and renewable marine fuel blends.

“The Triangle Energy team is very pleased to announce our investigation into the potential to establish a modern, modular renewable fuel refinery by leveraging our existing infrastructure in the Perth Basin," says CEO.

Perth Basin oil producer Triangle Energy (ASX: TEG) has launched a front-end engineering design (FEED) study to investigate the potential to establish a modular, flexible feed renewable fuel refinery in Western Australia’s Mid-West. If succ...

Triangle’s 2C contingent resources at Cliff Head Oil Field, offshore Perth Basin in Western Australia, as of June 30, 2021, are estimated at 3.47 million stock tank barrels.

Local stocks lost ground on Thursday, with minor falls at the big end of town and a slightly steeper drop of ~0.8% for the microcap Emerging Markets Index. The ASX opened with a weak lead from Wall Street, after a fortnight of steady gains...

The oil producer and explorer has officially restated its reserves after they were withdrawn late last year, with its net 78.75% share of Cliff Head’s 2P reserves estimated at 810,000 stock tank barrels.

Perth Basin oil producer Triangle Energy (ASX: TEG) has announced it has completed the lifting of 107,000 barrels of Cliff Head crude oil from the BP Kwinana Terminal in Western Australia under its master sale and purchase agreement with BP...

Triangle Energy’s managing director Robert Towner said the accumulation of five months’ inventory meant the company has benefited from the increase in oil price by around US$1 million compared to monthly lifting.

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

Local stocks posted a strong session on Thursday, as the ASX 200 climbed by around 1% while the microcap Emerging Markets index jumped again (+1.9%). Asian markets were buoyant more broadly, following a steady session on Wall Street overnig...

“The Cliff Head Oil Field, together with its significant infrastructure, is now capable of continuing to take oil to the market, as well as providing the base upon which further exploration and development success in the permit areas may be...

Triangle Energy (TEG) and Pilot Energy (PGY) sign a binding offtake agreement with BP Singapore for crude oil produced from the Cliff Head Oil Field The Cliff Head Joint Venture (CHJV) is held 78.75 per cent by Triangle as operator and 21....

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 Singapore in relation to crude oil producti...

Deanna Carpenter has more than 10 years of experience as a lawyer with a focus on equity capital markets and mergers & acquisitions, as well as extensive experience in governance, risk management and corporate compliance.