TEG 0.00% 0.7¢ triangle energy (global) limited

Ann: Pivotal Carbon Capture and Storage Approval for Cliff Head, page-35

  1. 1,831 Posts.
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    Hey Mitch
    Don't know enough detail regarding timing costs and not sure of the actual cutoff date, but like you I think when it all does transfer we should be in a position to receive a healthy final payment and that will be a bonus given where our drilling program is at.
    I think the market is sensing a CR opportunity may have been presented to company, I'm not thinking it is required, but a bit more needs to play out to get a better idea ie: Pilot initial payment & oil sale revenue and of course on-going drilling expenses.
    Delicate position for company just now with a lot on the table, plenty of activity including our global permits, but we do have the State Gas holding as a back stop.
    Exciting for Company & shareholders Triangle most certainly has been restored as an active & capable operator and that is important.
    My opinion only & GLAH.
 
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