L&M disappointed as Talon fails to strike

DUAL-listed junior L&M Energy and AGL Upstream Gas have failed to find any significant hydrocarbons with the Talon-1 well, their first joint onshore Taranaki exploration venture.

25 July 2011
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Operator L&M advised the ASX and NZX bourses on Friday afternoon that Talon-1, in exploration lease PEP 51151, had reached total depth and intersected basement rock at 1501m, about 50m below

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