Company Highlights

  • Triangle holds a majority 78.75% interest in the Cliff Head Oil Field and is the Operator
  • Cliff Head Oil Field contains the only offshore and operating onshore crude oil facilities in the Perth Basin, including the Arrowsmith Stabilisation Plant and pipeline
  • Exploration upside at Cliff Head with Enhanced Oil Recovery program, and Mentelle & West High prospects
  • 30% Joint Venture partner in the Xanadu-1 Oil Discovery Well located in the Perth Basin
  • Largest shareholder (35.47%) in State Gas (ASX:GAS) which holds a 60% interest in PL231 (Reids Dome) in Queensland
  • Malaysian Oil and Gas Service Provider acquires substantial shareholding in Triangle
  • Highly experienced Board, management and operating team with onshore and offshore expertise
  • Ongoing assessment of opportunities to expand asset portfolio through JVs and acquisitions aimed at increasing shareholder value

 

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