Talon Energy locks in Walyering condensate sales deal with Santos
News release
by
Talon Energy Ltd
Melbourne, Victoria
|
May 19, 2023 10:50 AM Eastern Daylight Time
Talon Energy Ltd (ASX:TPD) CEO Colby Hauser tells Proactive the company and its joint venture partner Strike Energy Limited have inked a condensate processing and liquids aggregation agreement with Australian oil and gas giant Santos Limited. The two companies will process and sell condensate produced from the Walyering gas fields in Western Australia. Strike estimates the by-product will reach a breakeven price of US$45-60 per barrel, providing a solid revenue and profit stream.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
