Inactive Instrument

Talon Energy Ltd.

Equities

TPD

AU000000TPD5

Talon Energy locks in Walyering condensate sales deal with Santos

May 19, 2023 at 08:21 pm IST

(via NewsDirect)

Talon Energy Ltd (ASX:TPD) CEO Colby Hauser tells Proactive the company and its joint venture partner Strike Energy Limited have inked a condensate processing and liquids aggregation agreement with Australian oil and gas giant Santos Limited. The two companies will process and sell condensate produced from the Walyering gas fields in Western Australia. Strike estimates the by-product will reach a breakeven price of US$45-60 per barrel, providing a solid revenue and profit stream.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Talon Energy Ltd.

Talon Energy Shareholders Granted Strike Energy Shares Following Acquisition Completion	27/12	MT
TMK Energy Completes Distribution of Shares to Talon Energy Shareholders	26/12	MT
TMK Energy Limited completed the acquisition of Gurvantes XXXV Coal Seam Gas Project in the South Gobi Basin from Talon Energy Ltd..	22/12	CI
Strike Energy Completes Acquisition of Talon Energy	15/12	MT
Strike Energy Limited completed the acquisition of Talon Energy Ltd..	14/12	CI
TMK Energy, Talon Energy Agree to Consolidate Ownership of Mongolian Coal Seam Gas Project	11/23/11	MT
TMK Energy Limited entered into binding heads of agreement to acquire Gurvantes XXXV Coal Seam Gas Project in the South Gobi Basin from Talon Energy Ltd. for AUD 12.1 million.	11/23/11	CI
Talon Energy Begins Gas Sales at Walyering Field	09/23/09	MT
Talon Energy, Strike Energy Start Export of Walyering JV Commissioning Gas	26/23/26	MT
Talon Energy Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	08/23/08	CI
TMK Energy Signs Joint Exploration Deal for Gurvantes XXXV Project	29/23/29	MT
TMK Energy Achieves Gas Flow from All Three Pilot Wells at Gurvantes XXXV Project in Mongolia; Shares Decline 7%	09/23/09	MT
Strike Energy Limited made an unsolicited confidential, non-binding indicative proposal to acquire Talon Energy Ltd..	25/23/25	CI
TMK Energy Begins Production Testing at Gurvantes XXXV Project; Shares Jump 15%	19/23/19	MT
TMK Energy Begins Final Commissioning of Gurvantes XXXV Project Wells	13/23/13	MT
Talon Energy Ltd. Announces Executive Changes	03/23/03	CI
Strike Energy Advances Development of Walyering Gas Field	19/23/19	MT
TMK Energy Completes Drilling at Lucky Fox-3 Well in Mongolia	30/23/30	MT
TMK Energy Begins Drilling at Lucky Fox-3 Well in Mongolia; Shares Jump 7%	19/23/19	MT
Talon Energy Secures Path to Market of Walyering Condensate Production	17/23/17	MT
TMK Energy Begins Drilling Lucky Fox–2 Well in Mongolia	05/23/05	MT
TMK Energy Begins Drilling at Lucky Fox-1 Well in Mongolia; Shares Rise 6%	13/23/13	MT
Talon Petroleum Limited Appoints Gregory Thomas Columbus as Director	11/23/11	CI
Talon Energy Raises AU$2.3 Million from Share Purchase Plan	07/23/07	MT
Talon Energy Appoints Independent Non-executive Chairman	03/23/03	MT

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Company Profile

Talon Energy Ltd is an Australia-based oil and gas explorer. The Company is primarily engaged in the exploration and evaluation of oil and gas projects. The Companyâs portfolio of assets is focused on the Perth Basin assets, Western Australia. The Companyâs projects include Walyering, Condor, L7, EP 437, and EP 447. The Company holds a 45% non-operated participating interest in EP447, which holds the Walyering Gasfield. The Company has a 100% interest in the area covering the Condor Structure located on EP 494 and SPA-0081 (Condor Prospect) in the onshore Perth Basin. Exploration Permit EP437 is located due north of the Dongara gasfield and contains sub-commercial hydrocarbon accumulations at Wye and Dunnart. It also has a 45% interest in L23, which holds the Walyering Gasfield.

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