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Triangle Energy (Global) raises more than $150,000 through entitlement offer


Triangle Energy raises more than $150,000 through entitlement offer
The entitlement offer gave holders the chance to subscribe for options at $0.001 each and on the basis of one new quoted option for every two shares held on the record date.
Each new option will have an exercise price of $0.035 each and expire on August 4, 2023.
Triangle Energy (Global) Ltd has raised more than $150,000 through a pro-rata, non-renounceable, fully underwritten entitlement offer.
The entitlement offer gave holders the chance to subscribe for company options at an issue price of $0.001 each and on the basis of 1 new quoted option for every 2 shares held on the record date. ....

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Triangle Energy (Global) Ltd about to begin CH-6 Workover activities at Cliff Head operations in Perth Basin


Triangle Energy about to begin CH-6 Workover activities at Cliff Head operations in Perth Basin
The company has completed studies that indicate reconfiguration of the injection zone of CH-11WI can contribute to increased oil recovery and further enhance daily oil production.
Triangle Energy is an ASX-listed oil producer and explorer based in Perth, Western Australia.
Triangle Energy (Global) Ltd (ASX:TEG) (FRA:WMOA) is ready to begin activities on the CH-6 Workover and CH-11WI Slickline Intervention campaigns at the Cliff Head operations in the Perth Basin of Western Australia.
Over the coming month, the company will undertake the two campaigns with the aim to increase production at Cliff Head. ....

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