Talon sinking claws further into Perth Basin

TALON Petroleum is moving further into the onshore Perth Basin, pursuing the Jurassic Muchea Structure across permits EP494 and SPA-0081 after taking a 45% share of the Walyering field EP497 last July from Strike Energy.

Talon sinking claws further into Perth Basin Talon sinking claws further into Perth Basin Talon sinking claws further into Perth Basin Talon sinking claws further into Perth Basin Talon sinking claws further into Perth Basin

Junior chasing shallower Jurassic targets 

 
It is taking the permits from the private mineral and energy explorer Macallum Group, based in Perth. 
 
It will pay Macallum A$90,000 and issue IT 54 million shares.