Tailsman Energy Inc

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Sellers
Marketers
Post Date
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Description

NEW, Talisman Energy Inc., Calgary, (Toronto, NYSE: TLM) has retained TD Securities Inc. to seek strategic alternatives for certain oil-sands assets in the Athabasca region of Alberta. The package includes multiple properties, including a 1.25% indirect interest in Syncrude, an integrated oil-sands mining project with nameplate capacity of 4,375 net barrels of synthetic crude oil per day. The second asset features a 100% working interest in Lease 10 that covers 2,752 hectares of undeveloped oil sands. Talisman will also divest a 75% working interest in Lease 50 that covers 8,826 hectares. The final asset is a 2% grossoverriding royalty on Suncor's undeveloped 14,782- hectare Lease 23. For more information, contact Bill Roberts, 403-292-1155