Monday, 06 December 2021 03:01 GMT

Talon Petroleum to flow gas and condensate from Texas well

(MENAFN- ProactiveInvestors)

Talon Petroleum (ASX:TPD) has intersected 54 feet of gas condensate bearing reservoir at the initial test well for the Coolangatta Prospect in Colorado County Texas.

Completion operations are presently underway at the Eagle Lake Gas Unit-1 well with operator Aurora Resources Corporation cementing the 4.5 inch casing.

Flow testing is expected to occur in the coming weeks at which time a further update will be provided.

Talon has elected to participate in the completion of the well to maintain its 6.25% working interest. This is expected to cost US$47000.

Coolangatta is a four way dip closure in the shallow Wilcox sandstone producing fairway that was delineated by 3D seismic.


Proactive Investors Australia is the market leader in producing news articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia UK North America and Hong Kong / China.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.