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Triangle Energy (Global) Limited ( (AU:TEG) ) has issued an announcement.
Triangle Energy (Global) Limited has been awarded the Service Contract SC-82 for onshore exploration in the Cagayan Basin on Luzon Island, Philippines. This contract includes a 100% interest in a 4,700 square kilometer block with existing gas discoveries and proximity to the local power grid, presenting significant opportunities due to high regional demand for gas and favorable fiscal terms.
More about Triangle Energy (Global) Limited
Triangle Energy (Global) Limited is a company operating in the energy sector, focusing on exploration and production of oil and gas. The company is involved in various projects and markets, with a notable presence in regions with significant demand for energy resources.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.6M
See more insights into TEG stock on TipRanks’ Stock Analysis page.