July 31 (Reuters) - Triangle Energy Global Ltd TEG.AX :
* Execution of sale and purchase agreement with Indonesian co PT Enso Asia for sale of its 100% interest in Pase Production Sharing Contract (PSC)
* Deal for for a cash consideration of US$2.5 million
* PTEA will provide US$1.5 million performance bond required under PSC and also US$1.5 million signature bonus payable to SKK Migas
* Following completion of transaction, co will be in stronger position to secure suitable producing oil and gas assets for future growth
* Source text for Eikon ID:nASX5HWCJS