Brief: Talon Energy Says Executes Perth Basin Farm-In Agreement With Triangle Energy

Triangle Energy (Global)

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

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