Brief: Triangle Energy (Global) Agrees To Revised Terms To Sell Its Share Of Cliff Head JV

Triangle Energy (Global)

23/07/2024 02:32

July 23 (Reuters) - Triangle Energy (Global) Ltd
 TEG.AX :
    * AGREED REVISED TERMS UNDER WHICH IT WILL SELL ITS SHARE OF
CLIFF
HEAD JOINT VENTURE
    * OPERATIONS AT CLIFF HEAD WILL NOW ENTER A
NON-PRODUCTION-PHASE
(NPP) FROM AUGUST 2024
    * UNDER REVISED TERMS,  TOTAL CONSIDERATION TO BE PAID BY
PILOT TO
TRIANGLE IS EXPECTED TO TOTAL UP TO A$16 MILLION


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