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Australia: Condor could be the Perth Basin's largest untested wet gas structure

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 ....

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Australia: Talon expands Perth Basin acreage

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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