Triangle Energy (ASX:TEG) has been granted a trading halt by the ASX this morning pending an announcement regarding the Pase Field production facility operations.
TEG's shares are currently in pre-open.
The company operates the Pase Production Sharing Contract located in Aceh Province, North Sumatra, Indonesia.
Since 2009, Triangle has successfully operated and produced gas from the Pase field and continues to abide by all SKK Migas requirements to operate the PSC in a safe manner with zero incidents.
The halt will remain in place until the opening of trade on Wednesday 15th October 2014, or earlier if an announcement is made to the market.
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