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 company has just completed a strategic review that aims to preserve and increase production across its portfolio of assets.
ASX-listed Pilot Energy, which has proposed a large renewable hydrogen project off the Mid West coast, has entered a trading halt with plans to make an acquisition announcement.
Perth Basin energy player Empire Oil & Gas has placed its ASX-listed securities into suspension after it was unable to restart production at its Red Gully-1 well.