🕐29.01.14 - 06:27 Uhr

TALON PETROLEUM LTD. [ASX:TPD] - BONNER 1H – MATERIAL INCREASE IN FRAC FLUID AND OIL RECOVERY





Fortbridge Media Release

Talon Petroleum Ltd. [ASX:TPD] - Bonner 1H � material increase in frac fluid and oil recovery

Talon Petroleum Limited (ASX: TPD) is pleased to report that there has been a material increase in frac fluid and oil recovery at the Roundhouse Prospect proof of concept well (Bonner 1H) located in Navarro County, East Texas since the well was placed on a jet pump in November 2013. The Company holds a 24% (approx) working interest (�WI�) in the well and the approximately 600 acres surrounding the well.

After recovering 47% of the frac fluid load in early January 2014, the operator, O�Benco increased the surface pumping capacity to facilitate additional liquid recovery. Surface modifications were completed on 22 January 2014. The preliminary result is that:

� recovery of frac fluid has been accelerated from 700 bwpd to 850 bwpd; and
� oil recovery has increased from approximately 45 bopd to 70 bopd.

Talon President, CEO and Managing Director, Mr. Clifford Foss said that: �We are still in the early stages and will continue to assess further adjustments to increase the frac load recovery and oil from the Cotton Valley Lime.�

To view the full announcement please refer to the attachment.

For more information please contact:

Clifford Foss
President, CEO & Managing Director
+1 281 419 4976

or:
Jeff Forbes
Chairman
+61 7 3211 1122

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Fortbridge Consulting: + 612 9003 0477

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