Our daily board moves wrap includes Geoff Eyre, Steven Wood, Mathew Whyte, Peter Ravenscroft, Troy Hayden, Anna MacKintosh, Judith Uren, Russell Barwick, Peretz Schapiro, Angus Middleton, Richard Mehan, Paul Summers, Jason Peacock, and Troy Brice.
West Perth-based oil junior Triangle Energy has revealed a leak at its Cliff Head oil platform, about 300 kilometres north of Perth, although the company said the spill was substantially less than 10,000 litres.
Perth-based explorer Elixir Petroleum has entered into an agreement to acquire a Mongolia-focused coal seam gas business in an all-scrip deal worth about $4 million.
Shares in three local energy companies have surged today after hitting hydrocarbons while drilling the Xanadu-1 offshore prospect in the Perth Basin, with Triangle Energy leading the charge, up nearly 60 per cent.
A joint venture between Cottesloe-based Triangle Energy Global and Royal Energy has taken full ownership of the Cliff Head offshore oil project in the Perth Basin after buying out previous stakeholder Roc Oil for $US3.75 million ($A5 million).
Cottesloe-based Triangle Energy Global has emerged as the new buyer for AWE's majority stake in the Cliff Head offshore oil project in the Perth Basin.