Triangle Energy (Global) Ltd. engages in the exploration and production of oil and gas. The company is headquartered in Perth, Western Australia. The firm is focused on the production and selling of oil from its Cliff Head producing oil field. Its projects include the Cliff Head oil field, Xanadu oil field, PL231 conventional gas project, and Mount Horner project. The Cliff Head Oil Field (Cliff Head) in located in the Perth Basin, approximately 270 kilometers (km) north of Perth and 12 km off the coast of Dongara in Western Australia. Cliff Head resides in the production license WA-31-L, which covers approximately 72 square km, and the oil field covers six square km in the commonwealth exploration permit WA-286-P. The Xanadu oil field is located in the Perth Basin, approximately 270 km north of Perth and off the coast of Dongara. The PL231 conventional gas project is located in central eastern Queensland, the Denison Trough, approximately 545 km northwest of Brisbane and 50 km southwest of Rolleston.
Triangle Energy (Global) (ASX: TEG)
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Defunct Empire Oil & Gas to be re-birthed as Venator Petroleum
August 26, 2019
Directors of the previously defunct oil and gas explorer Empire Oil & Gas (ASX: EGO) have announced the proposed acquisition of Venator and their Queensland oil assets with the intent of relisting on the ASX. This comes after Empire Oil & Gas went into administration in 2017 before administrators completed their obligations with Empire in
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