Talon Petroleum Limited: Completion of Acquisition of Encounter Oil Limited and Strategy Update

Wednesday 15 May 2019

Talon Petroleum Limited advised that it has completed the acquisition of EnCounter Oil Limited.

Accordingly, Talon now holds 100% interests in EnCounter’s highly prospective exploration licences in the UK North Sea. Licence 2363 contains the 107mmbo (best estimate prospective resource) Skymoos Prospect and Licence 2392 which hosts the 27mmbo (best estimate prospective resource) Rocket Prospect.

Full announcement here.