Deal Insight

Talisman acquires an interest in the Grosbeak and Beta discoveries from Spring Energy

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08 September 2010

Talisman acquires an interest in the Grosbeak and Beta discoveries from Spring Energy

Report summary

In September 2010, Spring Energy announced the sale of a package of Norwegian assets to Talisman. The deal comprised: 15% in PL378, containing the Grosbeak probable development; 20% in PL375, containing the Beta discovery; and 20% in PL551. The effective date for the deal is 1 September 2010, and the consideration will be finalised at between US$114.5 million and US$129.5 million.The Grosbeak oil and gas field was discovered on PL378, in July 2009. The discovery extends into PL248, but no ...

Table of contents

Tables and charts

This report includes 6 images and tables including:

  • Executive summary: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Upstream assets: Table 1

What's included

This report contains:

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    Talisman acquires an interest in the Grosbeak and Beta discoveries from Spring Energy

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