Talon Petroleum Limited is a South Texas focussed unconventional petroleum company listed on the ASX (ASX Code:TPD).
Talon’s principal asset is its MR Olmos project, located in McMullen County, Texas, USA.
Mr Love has extensive experience in the ASX listed resources space as well as equity capital markets. Mr Love is currently Non-Executive Chairman of Intrepid Mines Limited and is a consultant to Byron Energy Limited. He was formerly Vice President of Operations for Maverick Drilling & Exploration.
Roger is a lawyer and Chairman of Perth based firm, Steinepreis Paganin. He has practised as a lawyer for over 25 years, acting as legal adviser to a number of public companies on a wide range of corporate related matters. His areas of practice focus on company restructures, initial public offerings and takeovers.
Matt Worner is an experienced oil and gas executive who has worked with ASX and London listed E&P companies in various legal, commercial and new ventures/business development roles. He has overseen the completion of multiple asset acquisitions and divestments the world over, including Asia, Africa, US and Australasia as well as significant experience dealing with joint venture partners, host governments and NOCs in these regions.
Matt has strong capital markets experience in Australia and London including ASX and AIM IPO’s and capital raising activity. Through this work, Matt maintains solid contacts and relationships with brokers, funds and NOMADs in both Australia and the UK.”
Talon operates the MR Olmos Project in McMullen County, Texas. The target reservoir is the Olmos tight sandstone. Talon currently operates one MR Olmos horizontal producing well (Quintanilla OL-1H, WI 10%), and two vertical producing wells (approx. 95% WI).
Talon Petroleum Ltd are committed to good corporate governance taking into account the Company’s size and current activities, and as such has a range of policies and processes in place to ensure the rights of the Company and our shareholders are protected.
ASX Listing Rule 4.10.3 requires ASX listed companies to report on the extent to which they have followed the Corporate Governance Principles and Recommendations (“ASX Principles”) 3rdEdition released by the ASX Corporate Governance Council on 27 March 2014, which take effect for the Company from 1 July 2014. The ASX Principles require the Board to consider carefully the development and adoption of appropriate corporate governance policies and practices founded on the ASX Principles.
These Recommendations are not prescriptive, they are guidelines designed to cover companies of all sizes and produce an outcome that is effective, of high quality and integrity. The Company’s Board of Directors has reviewed these Recommendations and in most cases the Company was already achieving the standards required. In a limited number of instances, the Company has determined not to comply with the standard set out in the Recommendations largely due to the Recommendation being considered by the Board to be unduly onerous for a Company of its size. The ASX Corporate Governance Council encourages all companies to communicate openly with stakeholders via electronic methods. In accordance with this, all relevant Corporate Governance material is required to be made publicly available on the Company’s website in a clearly designated section. The links below will provide you access to information on the Company’s policies and procedures as required to be detailed by the ASX Corporate Governance Principles and Recommendations.