Reids Dome – Queensland
The Reids Dome Tenement covers an area of 181 square kilometres on the western flank of the Bowen Basin in Queensland. The Reids Dome Gas Field is situated within Reids Dome Tenement and based on initial reservoir studies, a reserve of up to 1 billion cubic feet of gas is indicated for the three wells drilled on the Reids Dome Gas Field prior to November 1994.
In March 2016, Triangle received final approval from the Queensland Department of Natural Resources and Mines to increase its ownership in the Reids Dome tenement.
Reids Dome is currently 60% owned by Triangle as operator by virtue of a joint venture agreement and 40% owned by Dome Petroleum Resources Plc.