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Triangle Energy Advances Offshore Exploration with New Indonesian Joint Study

9:12am on Thursday 12th of March, 2026 AEDT Energy
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Triangle Energy Advances Offshore Exploration with New Indonesian Joint Study

9:12am on Thursday 12th of March, 2026 AEDT
Key Points
  • Entered Joint Study Agreement with Indonesian institution under MIGAS oversight
  • Study duration set for 6 to 8 months at an estimated cost of US$300,000
  • Priority rights to negotiate Production Sharing Contract upon study completion
  • Location and technical details remain confidential due to competitive tender
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