July 21 (Reuters) -
* TALON PETROLEUM- EXECUTED A NON-BINDING TERM SHEET IN RESPECT OF A FARMIN TO STRIKE ENERGY LIMITED OPERATED EP447
* TALON PETROLEUM- TERM SHEET FOR ACQUISITION OF A 45% INTEREST IN EP447 AND A RIGHT OF FIRST REFUSAL OVER EP495
* TALON PETROLEUM- CO SHALL CONTRIBUTE A$6 MILLION TOWARDS COST OF AN EXPLORATION WELL ON WALYERING PROSPECT
* TALON PETROLEUM- APPOINTMENT OF DAVID CASEY AS MANAGING DIRECTOR & CEO