04/10/2022 - 13:43

Triangle JV lands pay day after WA oil shipment

04/10/2022 - 13:43


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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. The Perth-based oil and gas player could earn about $5.4 million from its share in the project with the company’s joint venture partner taking home an estimated $1.4 million for its part of the deal. Another shipment is scheduled for later in the year.

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