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Talon Energy to invest in Perth Basin gas farm-in with Triangle Energy

Talon Energy to invest in Perth Basin gas farm-in with Triangle Energy

Talon Energy Ltd (ASX:TPD) managing director Colby Hauser joins Proactive to discuss a farm-in agreement the company has inked with fellow ASX-lister Triangle Energy Ltd (Triangle Energy (Global) Ltd (ASX:TEG)). Under the deal, Talon will work towards a 25% stake in Triangle's L7 and EP 437 Perth Basin permits by expending $9.26 million along the way. Hause says the deal culminates more than six months of work evaluating the potential of the northern Perth Basin, building on the company’s recent success at Walyering gas field.

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