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TRIANGLE ENERGY (GLOBAL) LIMITED — Regulatory Filings 2021
Jul 28, 2021
65907_rns_2021-07-28_7c0c439f-5b44-45bc-80b0-cdbc8f721bde.pdf
Regulatory Filings
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ASX Announcement
29 July 2021
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CLIFF HEAD OPERATIONS UPDATE
CH-11WI SLICKLINE INTERVENTION COMPLETE CH-6 WORKOVER ONGOING
Highlights:
- CH-11WI intervention completed and technical performance is as expected.
Experienced Perth Basin oil producer, Triangle Energy (Global) Limited ( Triangle/ the Company ) (ASX: TEG ) is pleased to advise that the Cliff Head 11 Water Injector ( CH-11WI ) slickline intervention campaign has now been completed at the Cliff Head Oil Field ( Cliff Head ).
The well injection performance testing is positive. It is expected that the reconfiguration of the injection zone of CH-11WI will contribute to increased oil recovery from Cliff Head.
The CH-6 Workover, which commenced concurrently with the CH-11WI intervention, is ongoing and the Company will provide further updates as they become available.
ENDS
Approved for Release by: Robert E T Towner Managing Director
Further Enquiries
Mr Robert E T Towner Managing Director P: +61 8 9219 7111 E: [email protected]
General Shareholder Enquiries [email protected]
About Triangle Energy (Global) Ltd
Triangle Energy (Global) Ltd is an ASX listed (ASX:TEG) oil producer and explorer based in Perth, Western Australia. The Company has a 78.75% interest in, and is Operator of, the producing Cliff Head Oil Field, which includes the Arrowsmith Stabilisation Plant. Triangle also has a 50% share of the Mt Horner L7 production licence and a 45% share of the Xanadu-1 Joint Venture, both located in the Perth Basin. Triangle also has a substantial equity interest in State Gas Ltd (ASX:GAS), which has an 100% operating interest in the Reids Dome production licence (PL 231) in Queensland. The Company continues to assess acquisition prospects to expand its portfolio of assets.
triangleenergy.com.au
Triangle Energy (Global) Limited ABN 52 110 411 428 Suite 2, 100 Havelock St, West Perth WA 6005 PO Box 51 West Perth WA 6872 Australia T +61 8 9219 7111