Brief: Talon Energy Says Executes Perth Basin Farm-In Agreement With Triangle Energy
19/12/2022 01:06
Dec 19 (Reuters) - Triangle Energy (Global) Ltd
TEG.AX :
* 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
Source text for Eikon: ID:nASX3KPww5
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