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Talon Energy Ltd partner spuds pilot production well in Mongolia
April 14, 2023 at 16:00 PM EDT
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Talon Energy Ltd (ASX:TPD) managing director and CEO Colby Hauser brings Proactive up to speed on a pilot well drilling program with partner TMK Energy in Mongolia. TMK has spudded the program’s pioneer production well, marking the first step towards commercialising the prospect’s coal seam gas opportunity. The news comes just weeks after Talon closed an oversubscribed share purchase plan, netting the company $2.2 million to seed construction at its Walyering permit in the Perth Basin.
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