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Triangle Energy Advances Becos-1 Drilling Amid $10.9M Cash Reserve

7:03pm on Monday 2nd of June, 2025 AEST Energy
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Triangle Energy Advances Becos-1 Drilling Amid $10.9M Cash Reserve

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Cash balance of $10.89 million at December 2024
  • Becos-1 well preparations complete, drilling expected late Q1 2025
  • Cliff Head Oil Field suspended; sale agreement with Pilot Energy ongoing
  • New permit applications progressing in the Philippines
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