Strike has agreed to farmout a 45% non-operated interest in so far wholly-owned EP 447 (1971 Walyering gas discovery), 1,108 sq km onshore Perth Basin, to Talon Petroleum. Talon will carry Strike for the first AUD 6 MM of a proposed AUD 9 MM programme calling for G&G studies + 1 appraisal.   The farmout agreement also provides Talon with a first right of refusal on farmin to nearby EP 495 (1991 Ocean Hill gas-cond discovery).
(Perth b.), EP 447 block, Strike has agreed to farmout a 45% non-operated interest in so far wholly-owned EP 447, 1,108 sq km onshore Perth Basin, to Talon Petroleum.