Australia: Condor could be the Perth Basin’s largest untested wet gas structure
17 Mar 2021
Condor could be the Perth Basin’s largest untested wet gas structure
With just over 20 MMbbl (P50) condensate, Condor represents additional significant liquids upside at current prices in excess of US$60/bbl
Further upside if Walyering Prospect (TPD 45%, STX 55%) is successfully drilled this year
Talon Petroleum has advised that it has estimated initial, recoverable Prospective Resources over the high relief
Condor Structure contained within
Talon and
Macallum Group executed a non-binding terms sheet providing for the acquisition by Talon of a 100% interest and Operatorship in the area covering the