Talisman Energy sells selected Canadian assets for US$1.9 billion
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 ...