Deal insight
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6 Pages

Talisman Energy sells selected Canadian assets for US$1.9 billion


Talisman Energy sells selected Canadian assets for US$1.9 billion

Report summary

In a continuation of its ongoing rationalisation programme, Talisman has agreed to sell a number of non-core assets in five separate transactions for a total consideration of US$1.9 billion. The sales include approximately one million acres of land in the Peace River Arch, Central Alberta Foothills, and Hinton areas of Alberta, as well as the company's properties in Ontario. Eurogas Corp has been reported as the buyer of the Ontario assets, but other buyers have yet to be named. The ...

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  • Talisman Energy sells selected Canadian assets for US$1.9 billion PDF - 343.42 KB 6 Pages, 6 Tables, 0 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Deal Insight report provides an in-depth analysis of this deal. You will also find information about upstream assets and the strategic rationale behind the deal.

For investors and businesses, this deal insight report provides an understanding of the effect this deal will have on the market, including oil and gas pricing and assumptions. Use it to keep up to date with deal announcements, gain expert insights and analyse potential developments that might affect your strategy.

Wood Mackenzie goes beyond company-reported data and announcements to give you an independent and informed view. Our unique valuation metrics are underpinned by our deep understanding of upstream assets and companies. We help you objectively benchmark and evaluate asset and corporate deals so you can compare deal economics around the world.

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
    • Asset sales key to Talisman's portfolio transformation
    • Unconventional gas results encouraging, but growth requires capital and focus
  • Oil & gas pricing and assumptions

In this report there are 6 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Transaction details
  • Upstream assets
    • Upstream assets: Table 1
  • Deal analysis
    • Deal analysis: Table 1
    • Deal analysis: Table 2
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions
    • Oil & gas pricing and assumptions: Table 1
    • Oil & gas pricing and assumptions: Table 2
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