Triangle Energy (Global) Limited (ASX: $TEG) has released an updated Corporate Presentation and will be presented by Managing Director Conrad Todd at the Resources Rising Stars investor lunch series in Brisbane, Sydney, and Melbourne. The presentation will provide insights into the company's operations and future plans.
The Company continues to assess acquisition prospects to expand its portfolio of assets. Triangle Energy is pivoting from legacy assets to high-value Perth Basin exploration, with a focus on high leverage gas and oil exploration. The recent Perth Basin M&A activity and the sale of Cliff Head oil field and facilities to Pilot for conversion to CCS demonstrate the company's commitment to growth and capital discipline.
Triangle Energy (Global) Limited (ASX: $TEG) is actively pursuing new ventures in Australia, the UK, and Asia, with a focus on high-value, low early spend opportunities. The company's Perth Basin drilling activities, including the Booth-1 well and the Becos oil prospect, are expected to drive future growth. Additionally, the sale of the Cliff Head oil field and facilities to Pilot for conversion to CCS will provide Triangle Energy with the financial resources to pursue growth opportunities in the conventional oil and gas space while maintaining capital discipline. The company's expansion into the UK offshore and Asian markets further underscores its ambitions for future growth and value creation.