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Triangle Energy (Global) Limited ( (AU:TEG) ) has issued an announcement.
Triangle Energy (Global) Limited announced an amendment to its Quarterly Activities and Cashflow report for the period ending 30 September 2025 due to an administrative oversight. The correction primarily affects the estimated cash available for future operating activities, significantly increasing the estimated quarters of funding available from 3.44 to 9.62. This adjustment reflects a more robust financial position, potentially impacting the company’s operational strategy and stakeholder confidence.
More about Triangle Energy (Global) Limited
Triangle Energy (Global) Ltd is an ASX-listed exploration and production company based in Perth, Western Australia. The company operates the Cliff Head Oil Field, which is undergoing regulatory approval for conversion to a Carbon Capture and Sequestration project. Triangle Energy also holds a 50% share in the Mt Horner L7 production licence and the adjacent EP 437 exploration licence in the Perth Basin, as well as interests in the UK, including the Cragganmore gas field and blocks in the Outer Moray Firth.
Technical Sentiment Signal: Sell
Current Market Cap: A$7.7M
See more data about TEG stock on TipRanks’ Stock Analysis page.