Brief: Triangle Energy (Global) Says Undertaken Strategic Review Of Assets, Ops, Agreements And Alternative Opportunities

Triangle Energy (Global)

10/03/2022 01:35

March 10 (Reuters) - Triangle Energy (Global) Ltd  TEG.AX :
    * COMPANY UPDATE-TEG.AX
    * HAS UNDERTAKEN STRATEGIC REVIEW OF COMPANY'S ASSETS,
OPERATIONS,
AGREEMENTS AND ALTERNATIVE OPPORTUNITIES GOING FORWARD
    * TO CONTINUE PRODUCTION AFTER CESSATION OF KWINANA EXPORT
ROUTE,
CO HAS BEEN INVESTIGATING ALTERNATIVE EXPORT ROUTES
    * EXPECT TO INCREASE PRODUCTION TO 690 BOPD POST RECENT
COMPLETION
OF GENERATOR REPAIRS FROM CLIFF HEAD
    * EXPECT TO GENERATE ABOUT US$14 MILLION IN REVENUE FOR THE
CHJV,
WHICH WILL BE PAID EARLY JUNE 2022

Source text for Eikon:  ID:nASX6yNQFp 
Further company coverage:  TEG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))