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is an energy company
focused primarily on the
production of oil and gas in Indonesia. The Company’s primary asset is a 100%
working interest in the Production Sharing Contract in respect of the Pase
Block located in the Aceh Province, North Sumatra, Indonesia.
The Company’s other assets include a right to earn 30% of
a coal tenement in the Waterberg Coal Region of South Africa by spending
approximately A$550,000 on exploration and 20% of Reid’s Dome a tenement in the
Bowen Basin, Queensland which has good prospectively of gas reserves.
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PASE PSC
The Pase PSC presently encompasses 922km2 and continues
until 11 February 2011. Through its wholly owned subsidiary, Triangle Pase Inc,
Triangle Energy owns and operated the Pase Psc and is currently producing gas
in the order of 5MMCFD.
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LOOPLEEGTE COAL PROJECT
The Loopleegte 302 LQ prospecting right covers an area of approximately
1281 hectares and is situated on the Southern edge of the Waterberg
Coalfield near the South African Botswana border and about 25km west of
Lephale. The project area is covered by Karoo sediments and should be
underlain by coal.
Click here to learn more
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REID'S DOME
The Reid’s Dome Tenement covers an area of 181 square kilometres on the
western flank of the Bowen Basin in Queensland. The Reid’s Dome Gas
Field is situated within Reid’s Dome Tenement and based on initial
reservoir studies, with a reserve of up to 1 billion cubic feet of gas.
Click here to learn more
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