Triangle Energy (ASX:TEG) has been granted a 20-year extension to the Pase Production Sharing Contract in Aceh, Indonesia.
This enables the company to execute its exploration program, which has been suspended during past three years while it was temporary operator of the PSC.
The extension dates from 24th February 2012, the date the original PSC expired.
Pase is in a very prolific oil and gas area with access to existing infrastructure and the local gas market.
It covers 922 square kilometres with two gas production fields. It had generated over $65 million in revenue before it was shut-in.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.
- Forums
- ASX - By Stock
- TEG
- News: Triangle Energy secures extension to Indonesian gas project
News: Triangle Energy secures extension to Indonesian gas project
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEG (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $10.40M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.388K | 277.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2299999 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 8231179 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2299999 | 0.005 |
30 | 31031930 | 0.004 |
15 | 15200666 | 0.003 |
10 | 21144444 | 0.002 |
7 | 19177777 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 8231179 | 18 |
0.007 | 7088909 | 12 |
0.008 | 4317982 | 9 |
0.009 | 4799313 | 9 |
0.010 | 3424362 | 9 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |