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Triangle Energy Faces JV Shakeup, Advances New Ventures and CCS Transition

7:09pm on Tuesday 29th of July, 2025 AEST Energy
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Triangle Energy Faces JV Shakeup, Advances New Ventures and CCS Transition

7:09pm on Tuesday 29th of July, 2025 AEST
Key Points
  • Becos-1 well drilled with minor gas shows, subsequently abandoned
  • Strike Energy and Echelon Resources withdraw from L7 and EP 437 joint ventures
  • Triangle to increase ownership to 100% in L7 and EP 437 permits
  • Sale of Cliff Head onshore assets to Pilot Energy for $5.6 million secured promissory note
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