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Triangle Energy (Global) Limited (ASX:TEG)

ALERT: Price-sensitive ASX Announcement for TEG
Current share price for TEG : $0.001 0 (0%)+
Announcement
Release
19 Jun 2026 9:01AM
Price at Release
$0.001
Full Release
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Summary
Triangle Energy (Global) Ltd (ASX:TEG) has provided an update on its activities in the Perth Basin, specifically the L7 Production Licence and EP 437 Exploration Permit. Following the withdrawal of joint venture partners Echelon Resources Limited and Strike Energy Limited, Triangle has gained full control of these permits. The transfers have been approved by the Department of Mines, Petroleum and Exploration, and Triangle is now pursuing exploration opportunities and potential new partnerships to develop the prospects further. The company continues to focus on expanding its portfolio and leveraging its interests in the region and in the UK.
Key Points
  • Triangle Energy (Global) Ltd (ASX:TEG) provides an update on the L7 Production Licence and EP 437 Exploration Permit in the Perth Basin.
  • Echelon Resources Limited and Strike Energy Limited attempted to withdraw from the joint venture but this is now under legal proceedings.
  • Triangle Energy now has a 100% interest in both L7 and EP 437 titles after Echelon and Strike transferred their interests back.
  • Triangle is considering opportunities for continued exploration activities in these areas.
  • Triangle Energy is an ASX listed explorer based in Perth with interests in oil fields and exploration licenses in the Perth Basin and the UK.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.