TRIANGLE Energy won its arbitration proceedings against Perusahaan Daerah Pembangunan Aceh heard in the BANI Arbitration Centre Friday in Jakarta, with the ASX-listed junior winning its costs of A$47,000.
Triangle left Indonesia in 2016 for a move to the Perth Basin
The court rejected the claims of PDPA in their entirety, which relate to spending under an agreed production sharing contract. The case goes back to the days when Triangle was still a Southeast...
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