Talon Petroleum Limited ABN: 88 153 229 086 Level 9, 46 Edward Street Brisbane, Qld Australia 4000 Postal: GPO Box 402 Brisbane, Qld Australia 4001 Telephone: +61 7 3211 1122 Fax: +61 7 3211 0133 Directors: John Armstrong (Chairman)…
TALON IS BUILDING FOR SUCCESS Significant Corporate Events: Talon Demerger Implemented 7 March 2013 Refreshed Board and Key Personnel Assets: Cash 8.5mm AUS (31 March 2013) Reserves 1.32mmboe (as per NSAI 1 August 2012)***…
TALONS STRATEGY Refresh Board and key personnel New Board with Financial, Capital Markets, Legal, and Technical experience added. A focus on low risk oil prospects that exhibit development risk profile A very low risk of drilling a…
TALONS NEW LEADERSHIP Chairman* Jeff Forbes brings 30 years of corporate financial experience and recently retired as Director, Chief Financial Officer, and Company Secretary of Cardno Limited; President/CEO/Managing Director…
TALON FOLLOWS STRATEGIC PLAN 9 Board and Corporate Staff Refreshed 9Advancing two oil projects to drillable status 9 Continue to build inventory of oil prospects 9 Leverage from large Working Interest in each project 9 Proof of…
ATTRACTIVE PORTFOLIO OF LIQUID-RICH OPPORTUNITIES Diversified across the heartland of US oil production * * * *Not leased May 2013 7
ROUNDHOUSE PROSPECT NAVARO COUNTY, TEXAS Scalable, lower risk resource potential with direct offset analogue Large lease block (9,994 gross acres) 7,380* Talon net acres Offsets 3MMboe Cheneyboro field Scalable multi-well potential…
SOUTH TEXAS ASSET McMULLEN COUNTY, TEXAS Production & reserves with low risk development potential Talon operated project, Gross acres 3,816, Net acres 3,679 Austin Chalk, Olmos, and Wilcox reservoirs Two producing wells (27 bopd*)…
RODESSA EAST TEXAS Scalable multiwell potential with leasing planned Talon operated and 97% WI Prospects include Catfish Creek, East Banks & Redfish Foothold leases in hand of 2,829* net acres Targeting 20,000 acres Scalable…
TALON PETROLEUMS OIL PROSPECTS 8 Prospects 2 Ready to drill Roundhouse, Olmos Horizontal 3 Partially Leased 3 Early Stage Total Resource Potential of Prospects: 69,950,000 BOE (Gross) 38,287,500 BOE (Net)** Prospect Gross…
TALONS FORWARD PLAN 9 New Talon Team in place 9 8.5mm Cash (31 March 2013) 9 27bopd* (for March 2013 Quarter) 9 1.33mmboe 3P Reserves (as per NSAI 1 August 2012)** 9 Early focus on East Texas Roundhouse Prospect Planned Test…