EXPLORATION

Triangle bullish about West Australian onshore rig market

PERTH Basin oil producer Triangle Energy hopes to drill two wells next year with its joint venture partners in onshore permits L7 and EP 437 and expects a commercial discovery at its first well to provide meaningful returns in the short-term.

Triangle bullish about West Australian onshore rig market

  The ASX-listed micro-cap told shareholders on Monday it had placed orders for long-lead items including well heads and well casing. It said it was confident an onshore rig could be secured for drilling...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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