Talon Petroleum is offering a farm-in opportunity for the Vantage prospect that spans across blocks 12/26a and 12/27a. The prospect is covered by licence P2477 which was awarded in July 2019 for an initial two-year phase, during this first phase the licence has a 3D seismic reprocessing commitment. The current commitment for the first phase is valued at USD 60,000. If a decision is taken to drill a well in the second phase, the well would be drilled down to a minimum depth of 1,100 m or to 30 m below the Lower Hot Shale. In its quarterly results released on 29 July 2020, Talon stated that its Vantage prospect is still available to interested parties.   Vantage is an oil prospect with its reservoir in the stratigraphically trapped Upper Jurassic Burns Sandstone Member. Talon place the chance of success at approximately 30% and estimate the prospect to hold approximately 44 MMbbl gross best estimate prospective resources.  Interest in P2477 is held by Geoscience Services Ltd (50% + operator) and Talon Petroleum Ltd (50%).
(Moray Firth Province) Providence Resources' opportunity for interested parties to farm-in to licence Standard Exploration Licence (SEL) 1/11 is currently on hold, as the company has agreed a period of exclusivity with SpotOn Energy  012/26a op. by TALON (50%), GEOSCIENCE (50%)