(MENAFN- News Direct) Melbourne, Victoria | December 20, 2022 04:15 PM Eastern Standard Time
Triangle Energy (Global) Ltd (ASX:TEG) managing director Conrad Todd joins Elisha Newell from Proactive to discuss the company's successful farm-out negotiations with Talon Energy Ltd. Talon will acquire a 25% interest in Permits L7 and EP 437 in the Perth Basin, while TEG maintains operatorship and a 75% interest. The company has also unloaded 52,900 barrels of oil in Thailand through the Cliff Head Joint Venture (CHJV) with Pilot Energy Ltd.
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