Cottesloe-based Triangle Energy has been busy since it bought AWE's share of the Cliff Head oil field off the coast near Dongara last year, upping its stake in the venture and seeking new liquids nearby to lift utilisation.

Triangle Energy is among a number of players in the Perth Basin building momentum in a tough market, with Norwest Energy, AWE and Key Petroleum also taking steps forward on projects.

For Triangle Energy, the drilling of the offshore Xanadu prospect in late September will be just one opportunity to find oil near Cliff Head, according to managing director Rob Towner.

To read more, please Login or Register below

Problems, questions, feedback? Please call +61 8 9288 2100