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Triangle Energy Expands Philippines Footprint Amid JV Shifts and Cliff Head Sale

2:11pm on Tuesday 28th of October, 2025 AEDT Energy
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Triangle Energy Expands Philippines Footprint Amid JV Shifts and Cliff Head Sale

2:11pm on Tuesday 28th of October, 2025 AEDT
Key Points
  • Awarded 100% interest in onshore SC-82 permit with Nassiping-2 gas discovery
  • Operator with 37.5% interest in offshore SC-80 and SC-81 permits containing Palendag-1 and Dabakan-1 gas discoveries
  • Strike Energy and Echelon Resources withdraw from L7 and EP 437 joint ventures
  • Sale of Cliff Head onshore assets to Pilot Energy with secured promissory note valued at $5.6 million
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