TXN 0.00% 58.0¢ texon petroleum ltd

merger details out, page-69

  1. 316 Posts.
    Wandoo had a free carried interest in some acreage. Texon purchased this free carried portion from Wandoo for the stated amounts and are transferring this portion along with the balance of their EFS acreage to SEA.
    The agreement for the prospect generation with Wandoo then remains with Talon.
    Thats my understanding
 
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