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Triangle Energy Launches $3.84M Legal Battle Over Perth Basin Permit
11:51am on Wednesday 29th of October, 2025 AEDT
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Energy
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Triangle Energy Launches $3.84M Legal Battle Over Perth Basin Permit
11:51am on Wednesday 29th of October, 2025 AEDT
Key Points
Triangle Energy sues Strike Energy's Talon (L7) Pty Ltd for breach of farm-in agreement
Claim centers on $3.84 million for Strike's share of third well costs in Perth Basin
Strike purportedly withdrew from permits before drilling the third well
Triangle attempted negotiations but was forced to pursue legal action
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