Triangle Energy (Global) Limited (ASX:TEG) is an experienced and successful oil and gas production and exploration company based in Perth, Western Australia.
The Company is the majority owner (78.75%), and operator of the Cliff Head Oil Field and Arrowsmith Stabilisation Plant located in the Perth Basin, approx. 270km north of Perth. It is a 30% partner in the newly discovered Xanadu-1 oil field, also in the Perth Basin, and is the largest shareholder of State Gas (ASX:GAS) in Queensland. Triangle Energy has a number of highly prospective exploration programs, and continues to assess joint venture and acquisition prospects to diversify and grow its portfolio.