TPD talon energy ltd
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News: TPD Talon Energy Says Executes Perth Basin Farm-In Agreement With Triangle Energy

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    19/12/22
    12:10
    Post #: 65365765

    Dec 19 (Reuters) - Triangle Energy (Global) Ltd (TEG) :

    • EXECUTES PERTH BASIN FARM-IN AGREEMENT WITH TRIANGLE ENERGY
    • WILL CONTRIBUTE A$1.9 MILLION TOWARDS PAST EXPENDITURE ON RECENTLY ACQUIRED BOOKARA 3D SEISMIC DATA
    • BINDING TERM SHEET TO ACQUIRE A 25% INTEREST IN TRIANGLE'S L7 AND EP 437 NORTHERN PERTH BASIN PERMITS
    • WILL FUND THE INITIAL A$1 MILLION UPFRONT PAYMENT FROM EXISTING WORKING CAPITAL
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