Triangle Energy (Global) Limited (Triangle /Company) refers to its ASX announcement dated 29 January 2021 in which it advised that the Company had entered into a Sale and Purchase Agreement (Agreement) and Royalty Deed with Key Petroleum Limited (Key Petroleum) to acquire its 50% participating interest in Production Licence L7(R1) (L7) and Key Petroleum and Key Midwest Pty Ltd.'s combined 86.94% interest in Exploration Permit EP 437 (EP 437). On 12 August 2021, the Company provided a further update, informing shareholders that the Company and Key Petroleum had been working to complete the necessary regulatory requirements in order that the Department of Mines, Industry Regulation and Safety can effect the transfer of Key's Petroleum's interests in L7 and EP 437 to Triangle. Both companies are continuing to complete these regulatory requirements and therefore, Key Petroleum and Triangle have agreed to further extend the proposed Cut Off date for the Agreement to 31 January 2022 and Triangle has agreed to make a further non-refundable pre-payment of part of the already announced completion payment, of AUD 100,000.