Talon Petroleum (ASX:TPD) to earn 35pc in proposed Mongolian CBM project
Talon Petroleum (ASX:TPD) to earn 35pc in proposed Mongolian CBM project Source: Business News SubscribeBe the first with the news that moves the market Talon Petroleum (TPD) has entered into an agreement with Telman Resources to earn a 35 per cent interest in the proposed Gurvantes XXXV Production Sharing Agreement (PSA) in Mongolia Gurvantes XXXV is an exploration opportunity in a world-class coal bed methane basin Talon has secured $5 million in a placement to pay for the interest Before exploration commences, the PSA will need approval from the Ministry of Mining and Heavy Industry and t...
Source: themarketherald.com.au