Ann: Triangle Completes Talon Farmout - L7 and EP437, page-4

Last heading in todays announcement:
Work Session for JV.
When the NZOG farm out is fully completed, the JV will hold a technical work session, at which resource estimates for the prospects and leads will be discussed.
Following this session. the JV will agree on the resource ranges for the prospects and leads to be released to shareholders.
This will then be followed by the identification of well candidates leading to drilling which is estimated for early 2024.
Well planning for drilling in 2024 has started, with potential well locations being supplied to a company that will manage the well design and regulatory permissions.
Projects in advanced mode.
I went back and read an old announcement from Key Petroleum and released by Triangle on 22 November 2018
"KEY - The Bookara Shelf - An Emerging Oil Province."
I know this is some time back, but I'm positive you will enjoy the read and diagrams, I thought it was brilliant work by the geologists. (Des, you probably have seen, if not take a look mate)
Just some snippets from:

A new "Western Flank" Type Oil Province
- The Bookara Shelf, Perth Basin, is highlighted for its potential to be a new oil province, drawing similarities to the Western Flank of the Cooper-Eromanga Basin
- The Western Flank is a major Australian onshore oil producing region which has largely driven the growth of Senex, Beach & Santos
- The Bookara Shelf is ideally situated to capture oil migrating from the gas charged basin centre, similar to the Cooper Basin's Wester Flank
- The Bookara Shelf includes EP437 and the Mount Horner Oil Field (L7) which has produced from the same age Jurassic reservoirs, as the Western Flank
Petroleum System Similarities
- Mature gas charged depo-centres encourage oil migration out onto the basin flank - natural hydrocarbon fractionation occurs in most basins due to the higher temperatures within deeper source "kitchens."
- Modern 3D seismic data was a game changer in the Cooper-Eromanga by enabling the de-risking of complex geology - reservoirs distribution.
- Mount Horner has recovered oil from at least five different levels throughout Permo/Triassic & Jurassic intervals.
- The main producing intervals of fields in the Perth Basin are deeper than the "F Sand" at Mount Horner
- The L7 licence therefore retains significant untapped oil potential.

Now I know we are all very keen on the gas prospects, but sure looks very promising for oil as well.
I remember a conversation I had had with CT early on and his words were exactly that - The 3D seismisc will be a game changer for the region and company.!!
Have a look at that old announcement by KEY.
Good fortune all.
PS - will post on TPD forum as well as I hold both.