TEG 5.00% 2.1¢ triangle energy (global) limited

Ann: Good Oil Conference Presentation, page-14

  1. 1,795 Posts.
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    Thanks, and liked that Geffa9.
    Especially liked the end part spoken by the interviewer co presenter.
    "A scenario that a lot of people will find quite tantalising, it is by its definition petroleum exploration is a high-risk high-return game but you have narrowed the odds substantially with the 3D seismic and all other work done not to mention the fact that you have farmed out a vast majority of the costs. So, the risk reward ratio is far more favorable than it usually is and if it comes in, your off to the races."
    This is a really good deal negotiated by management with the first well and the most prospective well essentially a free hit paid for by our partners and that reinforces just how positive are partners are.
    2024 gonna be a year!
    GLAH
 
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