Triangle Energy (Global) Limited (AU:TEG) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Triangle Energy (Global) Ltd has revised the sale agreement for its Arrowsmith land and facilities to Pilot Energy, with a payment schedule starting on the 18th of October. The deal includes $6.5 million in initial payments plus future payments totaling $11.5 million, including royalties from a carbon storage project. The company is optimistic as these funds will support the costs of the upcoming Becos well.
For further insights into AU:TEG stock, check out TipRanks’ Stock Analysis page.