Triangle Energy (Global) Limited (ASX:TEG)

Conrad Todd
Market Cap (AUD): 16.03M
Sector: Energy
Last Trade (AUD): 0.013 +0 (+0%)
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1. About

Triangle Energy (Global) Limited (ASX:TEG) is an oil producer and explorer based in Western Australia. 

The Company has a 78.75% interest in, and is Operator of, the producing Cliff Head Oil Field, which includes the Arrowsmith Stabilisation Plant. 

Triangle Energy also has a 50% share of the Mt Horner L7 production licence and a 45% share of the Xanadu-1 Joint Venture, both located in the Perth Basin. 

Triangle also has a substantial equity interest in State Gas Limited (ASX:GAS), which has an 100% operating interest in the Reids Dome production licence (PL 231) in Queensland. 

The Company continues to assess acquisition prospects to expand its portfolio of assets.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk