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.

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

14 February 2018
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"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

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