Articles On Triangle Energy (ASX:TEG)

Both companies are continuing to complete regulatory requirements and, therefore, have agreed to further extend the proposed cut-off date for the agreement to January 31, 2022.

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 use cleaner energy sources. Prices have...

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 takeover rush for producers and explorer...

The northern Perth Basin is back in the limelight as the next great source of gas for Western Australia after Mineral Resources (ASX:MIN) and Norwest Energy (ASX:NWE) declared their Lockyer Deep 1 exploration well to be a significant gas di...

By bringing CH-6 back into production, the ASX-listed operator expects to produce 120 more barrels of oil per day, bringing Cliff Head’s total field production to roughly 850 barrels of oil per day.

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 Australia and some 270km north of Perth....

Triangle has been reviewing the Prospects and Leads portfolio within L7, leading to a prospective resource estimate for 18 oil opportunities and four gas leads.

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 prospects and leads within the licence. Key is...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Following the successful completion of an $8M capital raising, Pilot Energy has been reinstated to the ASX and is ready to begin studies on its trifecta of hydrogen and renewable energy projects.  Pilot Energy (ASX:PGY) is back on the ASX b...

The company's Cliff Head Oil Field joint venture crude sales revenue at the end of the June quarter stood at US$1.54 million at a realised oil price of US$59.75 per barrel (net).

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 September 30. Due to a number of delays, it...

In the near-term, the company plans to explore the Cliff Head region, Mount Horner and newly acquired exploration permits.

The company is well-funded to advance its oil & gas properties after raising more than $10 million in a placement and subsequent entitlement offer.

Its Cliff Head Oil Field joint venture crude sales revenue stood at US$1.54 million at a realised oil price of US$59.75 per barrel (net). 

The entitlement offer gave holders the chance to subscribe for options at $0.001 each and on the basis of one new quoted option for every two shares held on the record date.

New and existing shareholders are clearly on board with Pilot Energy’s strategic plan to establish itself as a leading oil & gas, hydrogen and renewables supplier to the Mid-West and South-West regions of Western Australia. Pilot Energy...

“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, Goldman Sachs. Currie’s love of oil is...

The company has completed studies that indicate reconfiguration of the injection zone of CH-11WI can contribute to increased oil recovery and further enhance daily oil production.

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...

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 infrastructure to include renewables. Las...

On June 17, the company received commitments for $10 million in a placement to new and existing sophisticated, institutional and professional investors looking for exposure to the oil & gas sector.

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

The company has received strong support from a mix of new and existing shareholders, looking for exposure to the oil and gas sector.

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

The transaction creates alignment across the oil and gas exploration project (WA-481-P), the adjacent oil production project (Cliff Head Oil project) and the renewables joint venture.

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...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

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...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The company has reached an agreement with the global energy giant to store crude oil from Cliff Head Oil Field in the Perth Basin at BP’s Kwinana facility.

After a couple of days in the red, the ASX rebounded into positive territory today. The ASX 200 rose 0.83 per cent closing at 7,055 while the ASX Emerging Companies Index closed 0.22 per cent higher at 2,095. Most sectors were positive with...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

The Perth Basin facilities remain in excellent condition after the passing of severe weather event Tropical Cyclone Seroja in the region.

Crude producers in West Australia look to alternative markets ahead of Kwinana oil refinery’s closure at the end of March ‘Oil refining activities at BP’s Kwinana site have now ceased and fuel imports have started’ BP spokesman Australia w...

Source: ITTIGallery ,Shutterstock Summary Dateline Resources is up 33.33 per cent but still trading in a range of A$0.001 – A$0.004. Grand Gulf Energy’s H1 FY21 turnaround numbers have resulted in a surge of 25 per cent in its share p...

Perth Basin oil producer Triangle Energy (ASX: TEG) has provided an update in response to BP's intended conversion of the Kwinana oil refinery to a fuel import terminal.  Triangle refers to its announcements on 3 November 2020, 20 November...

Triangle Energy (ASX: TEG) has provided its quarterly activities report for the period ended 31 December 2020. HIGHLIGHTS: CH7 workover completed with on-going production of up to approximately 800 bopd. Share Purchase Plan Completed with...

Triangle Energy (ASX: TEG) today announced that it has entered into a sale and purchase agreement and royalty deed with subsidiaries of Key Petroleum Limited (ASX: KEY) to acquire Key Petroleum's 50% participating interest in Production Lic...

Triangle Energy (ASX: TEG) announced that, further to its announcement on 2 December 2020, the US$1.02M of escrowed funds from PT Enso Asia have been released from escrow and paid into Triangle's bank account as cleared funds. Triangle has...

It was the best of times, it was the worst of times, the brilliant Charles Dickens wrote in 1859 in his novel A Tale of Two Cities before following up a year later with another eternal classic, Great Expectations. Of course, Dickens could n...

Triangle Energy (ASX: TEG) announced that it had today commenced arbitration proceedings against PT Enso Asia by filing a Notice of Arbitration with the Singapore International Arbitration Centre over unpaid consideration from the Company’s...

Experienced Perth Basin oil producer Triangle Energy (ASX: TEG) today announced that that the CH-7 well at the Cliff Head Oil Field returned to production on the afternoon of 28 November 2020. Operations returned after a successful Workove...

Perth Basin oil producer Triangle Energy (ASX: TEG) has provided company chairman Timothy Monckton's address to shareholders for its 2020 Annual General Meeting (AGM). In his address, Mr Monckton said: The last twelve months has been chall...