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TMK to consolidate 100% ownership of Mongolian CBM project

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TMK to consolidate 100% ownership of Mongolian CBM project

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Natural Gas News
TMK to consolidate 100% ownership of Mongolian CBM project

Summary

TMK will retain Talon's 33% earned interest in the project via the acquisition of Talon's wholly-owned subsidiary. by: Shardul Sharma

ASX-listed Talon Energy has signed a binding heads of agreement with TMK Energy to consolidate ownership of the Gurvantes XXXV CBM project in Mongolia to TMK, the companies announced on October 11. Under the transaction, TMK will retai...

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Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, CBM, News By Country, Australia, Mongolia

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