Talon Petroleum Limited (ASX:TPD) Roundhouse Prospect Initial Test Reaches Total Depth

Talon Petroleum Limited (ASX:TPD) advises that further to its announcements on 28 May and 7 June 2013, the Roundhouse Prospect proof of concept well (Bonner 1H) has reached the proposed total measured depth of 15,260 feet (9,472 feet TVD) on 3 July 2013.

Production casing has been run and cemented. Fracing operations are expected to commence in early August pending crew availability with production flow testing to occur immediately following fracing.

Pursuant to its Project Generation Agreement with Wandoo Energy, LLC, Talon has 23.89% WI in the Bonner 1H well and the surrounding 600 acres. Talon's total Roundhouse lease position is currently approximately 7,180 net acres.

About Talon Petroleum Limited

Talon Petroleum (ASX:TPD) is a Texas and Gulf Coast focussed exploration and appraisal company. The company strategy is focussed on low risk, liquids rich prospects in mature, well serviced areas. Talon expects to add value through utilising modern drilling and fracture stimulation technologies.

 

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