(MENAFN- ProactiveInvestors)
Indonesian-focussed () has been granted a trading halt by the ASX pending details of a capital raising.
Triangle has been awarded a 20 year extension to the Pase Production Sharing Contract (PSC) with effect from February 2012.
The Pase PSC is located in Aceh Province North Sumatra Indonesia and covers a block area of 922 square kilometres with multiple proven gas and oil producing fields.
The company has been the successful operator of the PSC from August 2009.
The halt will remain in place until the opening of trade on Tuesday 10th March 2015 or earlier if an announcement is made to the market.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX emerging companies with distribution in Australia UK North America and Hong Kong / China.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.