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The latest announcement is out from Triangle Energy (Global) Limited ( (AU:TEG) ).
Triangle Energy has secured three new permits in the Philippines, including an onshore gas exploration and two offshore permits, enhancing its portfolio in Southeast Asia. The company is also transitioning its Cliff Head Oil Field to a Carbon Capture and Storage project in partnership with Pilot Energy Ltd, and continues to evaluate its positions in existing joint ventures and UK licenses, reflecting its strategic focus on expanding and optimizing its energy projects.
More about Triangle Energy (Global) Limited
Triangle Energy (Global) Limited operates in the energy sector with a focus on hydrocarbon exploration and development. The company is involved in projects across Southeast Asia, Australia, and Europe, aiming to capitalize on growing energy demands in these regions.
Technical Sentiment Signal: Sell
Current Market Cap: A$7.7M
See more data about TEG stock on TipRanks’ Stock Analysis page.