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Triangle's WA assets are undervalued: DJs

ANALYST DJ Carmichael has reiterated its 'buy' recommendation for Triangle Energy believing its Perth Basin oil assets are undervalued and that the potential to leverage existing infrastructure is being ignored.   

Sally Bogle
DJ Carmichael thinks Triangle is under valued and sees an upgrade of Cliff Head as offering upside.

DJ Carmichael thinks Triangle is under valued and sees an upgrade of Cliff Head as offering upside.

"The recent discovery of Xanadu oil field and the Waitsia gas field along with several other regional discoveries made some years ago is increasing interest in the North Perth Basin as an exploration play,"...

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