Triangle Energy (global) Limited (TEG:ASX)
Triangle Energy (Global) Limited is an Australia-based oil production and exploration company. The Company is focused on the production and selling of oil from its Cliff Head producing oil field. Its projects include the Cliff Head oil field, Xanadu oil field, PL231 conventional gas project, and Mount Horner project. The Cliff Head Oil Field (Cliff Head) in located in the Perth Basin, approximately 270 kilometers (km) north of Perth and 12 km off the coast of Dongara in Western Australia. Cliff Head resides in the production license WA-31-L, which covers approximately 72 square km, and the oil field covers six square km in the commonwealth exploration permit WA-286-P. The Xanadu oil field is located in the Perth Basin, approximately 270 km north of Perth and off the coast of Dongara. The PL231 conventional gas project is located in central eastern Queensland, the Denison Trough, approximately 545 km northwest of Brisbane and 50 km southwest of Rolleston.