Talon seeking partners for two North Sea wells

May 16, 2019

Offshore staff

WEST PERTH, AustraliaTalon Petroleum has completed its acquisition of UK North Sea independent EnCounter Oil.

The company now has 100% interests in exploration license 2363 containing the potential 107-MMbbl oil prospect Skymoos and license 2392 containing the potential 27-MMbbl Rocket prospect.

Talon has initiated a farm-out process to secure partners for drilling both these targets. In addition, the company is a partner to Corallian Energy which is making preparations for a well-site survey this summer ahead of the proposed Curlew-A appraisal well late in 2019.

Talon has applied for a further exploration license under the UK Oil and Gas Authority’s 31st Seaward Licensing Round, awards for which may be announced later this month.

05/16/2019