WA-based oil producer Triangle Energy has signed a binding farm-out agreement with Talon Energy for two onshore gas permits in the Perth Basin after all conditions of the deal were met. The transaction includes the first of two payments towards a 50 per cent share in the 3D seismic dataset known as “Bookara” which stretches across the two permits that were delivered in January. However, final interpretation, mapping and prospect evaluation of the data is ongoing.
01/03/2023 - 15:38
Triangle seals deal on Talon farm out agreement
By Matt Birney
01/03/2023 - 15:38
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Triangle Energy GlobalClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 66th Triangle Energy Global $29.8m 77th Lithium Australia $12.7m 78th Suvo Strategic Minerals $11.6m 81st Horizon Minerals $9.4m 82nd King River Resources $9.1m 604 listed resources wa companies ranked by revenue.
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