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Talon Energy’s (ASX:TPD) Gurvantes XXXV PSA gets green light SubscribeBe the first with the news that moves the market Mongolian Government approves Talon Energy's (TPD) Gurvantes XXXV coal bed methane production sharing agreement with Telmen Resource JSC Gurvantes is situated less than 20 kilometres from the Chinese-Mongolian border, close to the Northern China gas transmission and distribution network The go-ahead follows initial delays caused by COVID-19 TPD has since agreed to issue Telmen 100 million options to acquire Talon shares at an exercise price of 0.1 cent each, upon formal iss...

Oz Talon Farms Into Mongolian CBM Project Feb 3, 2021 7:00:am Summary by: Shardul Sharma Posted in: Oz Talon Farms Into Mongolian CBM Project Sydney-listed Talon Petroleum has executed a binding offer letter with Telmen Resource to farm in for a 33% interest in the proposed Gurvantes XXXV coalbed methane (CBM) project in Mongolia, it said on February 3.  Telmen has undertaken an initial work programme to better understand the area's prospectivity, Talon said. With that initial work now complete, Telmen has concluded negotiations with the mineral resources and petroleum authority of M...

Mongolia: Talon Petroleum secures option for Mongolian CBM project 03 Feb 2021 Talon to earn a 33% interest in soon-to-be-granted Production Sharing Agreement over the Gurvantes XXXV Field, located onshore Mongolia $5m raised in strongly supported placement - All key commitments funded Talon set to become a leader in the emerging Mongolian coal bed methane (CBM) industry Unique opportunity secured to leverage its significant Australian and international CBM/coal seam gas experience to assist Telmen in achieving its aim of being Mongolia’s premier gas producer Gurvantes XXXV is a top-tie...