TEG 14.3% 0.6¢ triangle energy (global) limited

Ann: Investor Presentation, page-30

  1. 991 Posts.
    lightbulb Created with Sketch. 958
    Mondo could it be Jingemia coming back into production?
    It is not ASX listed so getting details is a bit hard.
    The L14 oil and gas exploration and production license area, operated by Jade Energy’s subsidiary RCMA Australia Pty Ltd (‘RCMA Australia’)
    , is located in the most prospective oil and gas corridor of the North Perth Basin approximately 360 km north of Perth, Western Australia.
    Jade Energy, through RCMA Australia holds a 100% interest in the L14 license which contains the Jingemia oilfield.
    The license area covers an area of 9,835 acres and the Jingemia oil field produces a light sweet high quality oil from a high permeability Dongara sandstone reservoir.
    https://hotcopper.com.au/data/attachments/4793/4793001-8caffe0525b8d8c693ecaa21e4b32725.jpg
    So I do the google.
    Is Jingemia oilfield currently producing oil?
    Yes - According to 3 sources
    Jingemia is a producing conventional oil field located onshore Australia and is operated by RCMA Australia.
    The field is located in block L 14 and EP 413.
    Field participation details The field is owned by RCMA Australia. Production from Jingemia Jingemia Conventional Oil …offshore-technology.com
    Because of our A$ and POO they could be firing up again?
    When BP closed did they stop production, but now TEG has the Tanker option happening are they going to produce again?

    Rooster
    They did say they were currently engaged with Strike on the Condensate.
    We did discuss that all PB parties will need to work together in future to find best solution for moving the oil from different areas in PB.
    Yes something substantial will have to give there at some stage.
    Cheers mate.
    Mikey
    Yes CT did advise he is currently receiving part of the seismic block in parts from Canada but need the entire picture so he and Mike can put together, go into detail in entirety and present to interested parties Dec/Jan for this.
 
watchlist Created with Sketch. Add TEG (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $12.48M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $15.67K 2.253M

Buyers (Bids)

No. Vol. Price($)
29 15681550 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 14675180 12
View Market Depth
Last trade - 16.10pm 12/08/2024 (20 minute delay) ?
TEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.