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EXPLORATION

Triangle signs rig for North Perth Basin well

Booth-1 set to be first exploration well in permit area for 30 years

Colin Sandell-Hay
The Ventia 106 rig is well suited for deeper wells. Photo courtesy of Ventia.

The Ventia 106 rig is well suited for deeper wells. Photo courtesy of Ventia.

Boosted by promising 3D seismic results, Triangle Energy (ASX: TEG) is preparing to drill the first exploration well in one of its North Perth Basin permits for 30 years. A Triangle-led joint venture...

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