Triangle Energy (global) Limited · ASX:TEG
Triangle Energy (global) — Investor Presentation (April 2025)
13 slides from Triangle Energy (global)'s investor presentation, Apr 7, 2025
Slide 1: Broker Presentation: Perth Basin Exploration
Click to edit Master title style ASX: TEG Broker Presentation Perth Basin Exploration April 2025
Slide 2: Disclaimer
2 Click to edit Master title style Disclaimer This Presentation is provided on the basis that Triangle Energy (Global) Limited Whenever possible, these ‘forward-looking statements’ are identified by words such as “expects,” (“Triangle” or the “Company”) nor its respective officers, shareholders, rel
Slide 3: High Value Exploration Program
3 Click PerthtoBasin edit Master title style High Value Exploration Program Perth Basin Acreage: Triangle >> high value exploration drilling 1 Success >>> significant share price increases New Ventures: Valuable acreage expected into the portfolio On-Block Prospective Resources (Unrisked) Recoverabl
Slide 4: Becos-1 Next Well (EP 437)
4 Next Well Click – Becos-1 to edit Master (EP title 437) style • Becos Lies between Mt Horner oil field and Wye-1 Bookara 3D area gas discovery EP437 L7 Wye-1 Mount Horner Wye-1 Becos-1 Oil Field Mount Horner Becos-1 (proposed) Northampton Basement High NW Bookara 3D PSDM IT2 SE 4
Slide 5: Becos-1 Prospects and Wells - 3 well farm-in
5 Click NexttoWell – Becos-1 edit Master title style (EP 437) Prospects and Wells - 3 well farm-in Oil Potential • Good potential for oil & gas in EP 437:-Two oil prospects identified • Becos to be next well drilled • Spud ~12th April • Target Bookara and Arranoo reservoirs (NB Arranoo 11 MMbbl in L
Slide 6: Becos-1 Discovery Case
6 Click to editDiscovery Becos-1 Master title style Case • Becos discovery proves Oil • Question: How much Oil? How do we monetise it? • First: Re calculate and reissue Contingent Resources range using new information from well • Then: Locate and drill delineation well • In parallel: Design new oil
Slide 7: Potential Third Well: MH-28 (MH-2 updip)
7 ClickPotential Third to edit Master title Well: style MH-28 (MH-2 updip) • MH 28 has been high graded by Triangle • Multiple targets for oil and gas • Large potential upside in near basement gas play • Decision post Becos leading to 2026 drilling Estimated Rec OIL Unrisked (Mmbbl) Targets P90 P50
Slide 8: Opportunity Summary
8 Click to edit Master Opportunity title style Summary • Oil and Gas potential in multiple prospects • 10 oil prospects • 5 gas prospects On-Block Prospective Resources (Unrisked) Recoverable Low Best High TOTAL OIL (MMbbl) 21 46 104 TOTAL GAS (Bcfg) 97 256 544 Wye Not *Arithmetic summation of multi
Slide 9: Cliff Head
9 Click Cliff to edit Master title style Head Cash sale First payment received • Triangle received first payment of $2.4 million on 18th October • Pilot paying ongoing costs for Cliff Head • Pilot will pay Triangle approx. $18 million in staged payments 1. Pilot to continue paying Cliff Head operati
Slide 10: Upcoming News & New Ventures
10 Click to edit Master Upcoming Newstitle & style New Ventures Perth Basin: • MH-28 well:- likely third well • Low risk oil with bigger, higher risk, gas • Look to drill 2026 Asia: • Philippines NA-11 onshore Luzon, in award phase • Gas prospectivity close to discoveries • Easy pipeline access to M
Slide 11: Triangle Energy Global
11 Click to editEnergy Triangle Master title style Global North Perth Basin (Operator) UK North Sea (Non-Operator) Philippines (Operator) • Becos-1 well • Evaluation continues. • NA-11 Luzon award pending • L7 well • First 3 years low outgoings • PDA 2 & 3 award pending Geraldton Bangsamoro Autonomo
Slide 12: Summary
12 Click to edit Master title style Summary • Becos Well Mid April 2025 • 5 MMbbl Mid case, 21 MMbbl High case >> Value $20/bbl • Significant remaining potential in L7 & EP437 • 46 MMbbl & 256 Bcfg Mid Case, 104 MMbbl & 544 Bcfg High Case • New Ventures coming in • Philippines, Offshore discovered g
Slide 13: Thank You
Click to editThank You Master title style Questions? Managing Director, Conrad Todd www.triangleenergy.com.au ASX: TEG
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