What a brilliant little company!!!..unheard of. This speaks...

What a brilliant little company!!!..unheard of. This speaks volumes for the quality of our management. Cheers Muzz

7 September 2010: The Board of Triangle Energy (Global) Limited (Triangle) (ASX: TEG) is
pleased to announce a maiden dividend of 0.2316 cents per share.
Triangles accounts are currently being audited and a full year net profit after tax in the order
of $7 million is forecast against total revenue of over $14 million for the year ended 30 June
2010.
Triangles Executive Chairman, John Towner said In 2009/10 Triangle brought three wells
online and generated significant operating revenues. The Board has decided that in addition
to further investment in its Pase PSC asset it will make a distribution to shareholders.
Details of 2010 Maiden Dividend (All dated based on announcement date of 7 September
2010)
Record date: Thursday 16 September
Payment date: Thursday 30 September
Amount of dividend: 0.2316 cents per share
Pricing Period for Share Price 5 trading days from 17-23 September
This dividend will be unfranked and will not be underwritten. It is paid from income that is
foreign conduit income.
Shareholders are encouraged to contact the Share Registry on + 61 (0) 8 9315 2333 to
advise their tax residency status and tax file number in order to minimise withholding tax on
their dividend payment.
About Triangle Energy:
Triangle Energy is a gas production and exploration company based in Perth. Its whollyowned
subsidiary, TPI, is based in Jakarta and is the 100% holder and operator of the Pase
PSC which covers an area of 922km2 in Aceh Province, North Sumatra, Indonesia.
Triangle Energy has three producing wells. It has been cash-flow positive since early 2010
and continues to operate profitably. Approximately 90% of the gas produced is sold at
premium LNG prices. Triangle Energy is continuing to review further acquisition opportunities
in the area.
For Further information, please contact:
Triangle Energy (Global) Limited
Unit 7, 589 Stirling Highway
COTTESLOE WA 6011
Telephone: +61 8 9284 7288
Fax: +61 8 9385 5184
Email: [email protected]
Web: www.triangleenergy.com.au
John Towner Executive Chairman