Triangle Energy confirms oil and gas at Xanadu; share prices rise
The JV partners in TP/15 include Norwest Energy NL.
Company
ASX:TEG
Triangle Energy (Global) Ltd is an experienced oil producer and explorer with operations located in the Perth Basin, approximately 270 kilometres north of Perth, Western Australia. The company is the registered operator and holds a substantial interest (78.75%) in the Cliff Head Oil Field (PL WA-31-L) encompassing the onshore Arrowsmith Stabilisation Plant and offshore Cliff Head Alpha Platform.
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The JV partners in TP/15 include Norwest Energy NL.
Norwest is not only the most active, but also among the best % gainers.
The halt will remain in place until Wednesday 6th September 2017.
This brings us to the close of the first of three days at the Noosa Mining and Exploration Conference.
Triangle Energy (ASX:TEG) has been granted a trading halt by the ASX, with its shares placed in pre-open.