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Australia: Talon expands Perth Basin acreage
20 Jan 2021
Staged entry into another Perth Basin gas asset well located relative to infrastructure.
The Muchea Structure identified by Talon has potential to be the Basin’s largest, untested wet gas structure within conventional Jurassic reservoirs.
Muchea to be matured through a staged work program, at the conclusion of which Talon will hold a 100% interest.
Muchea provides significant follow-up potential in the event of 2021 drilling success at the Company’s Perth Basin flagship project, Walyering.
Talon Petroleum has entered into a non-binding term sheet with
Macallum Group for the acquisition of a 100% interest in the area covering the large, ....

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