20/03/2023 - 15:11

Triangle completes $10 million gas deal at Perth Basin

20/03/2023 - 15:11


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WA-based oil producer Triangle Energy has banked $10 million through a binding farmout agreement with New Zealand Oil & Gas for 25 per cent of its L7 production licence and EP 437 exploration permit. Following the separate sale to Talon Energy in December last year of another 25 per cent slice of its permits, Triangle retains a 50 per cent stake of its original tenure.

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