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Talon Energy Ltd (TPD) is an ASX-listed oil and gas explorer, poised for near-term exponential growth, with a focus on delivering long term shareholder value via its balanced portfolio of diversified assets in Australia and Mongolia.
Talon Energy Ltd (TPD) is an ASX-listed oil and gas explorer, poised for near-term exponential growth, with a focus on delivering long term shareholder value via its balanced portfolio of diversified assets in Australia and Mongolia. Talon is targeting conventional Jurassic wet gas in the booming province of Western Australia’s Perth Basin and has a significant multi TCF prospect for Coal Seam Gas in Mongolia.
Under a farm-in agreement with Strike Energy Limited (Strike), Talon acquired a 45% non-operated participating interest in EP447, which holds the Walyering gas appraisal prospect. Walyering is a confirmed gas discovery (Dec 2021) that is currently being drilled and appraised and currently holds a gross 86Bcf (gas) and 2.18mmbo (liquids) best estimate in place prospective resource (38.7Bcf and 0.98mmbo net to Talon).
Talon Energy Ltd is in the process of earning a 33% participating interest in the Gurvantes XXXV Coal Seam Gas Project located in Southern Mongolia. Exploration activities commenced in March 2022. The CSG prospect has an independently certified 5.96 TCF (2U risked) Gross Prospective Resource.
In January 2021, Talon announced that it had entered into a non-binding option agreement with Macallum Group Limited (Macallum Group) to acquire a 100% interest in the area covering the Condor Structure located on EP 494 and SPA-0081 (Condor Prospect) in the onshore Perth Basin.
Investor Presentation – August 2021
Annual General Meeting Presentation – May 2021
Investor Update – March 2021
