Triangle Energy Set to Drill High-Potential Becos-1 Well
Company Announcements

Triangle Energy Set to Drill High-Potential Becos-1 Well

Strike Energy Limited (AU:STX) has released an update.

Triangle Energy Global Ltd, in partnership with Strike Energy Ltd and Echelon Resources Ltd, has obtained environmental approval to drill the Becos-1 well, targeting an estimated 5 million barrels of oil in the Bookara and Arranoo reservoirs. The drilling plans are advancing as rig tenders are evaluated, setting the stage for significant exploration activities under the EP 437 permit title.

For further insights into AU:STX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskTriangle Energy Secures Rig for Perth Basin Exploration
TipRanks Australian Auto-Generated NewsdeskStrike Energy Eyes Growth in Perth Basin Assets
TipRanks Australian Auto-Generated NewsdeskStrike Energy Secures Key Approval for Gas Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App