Talisman Energy Canada

Transaction Type
Post Date
Close Date
Estimated Price

Talisman Energy Canada has retained Tristone Capital Inc. to sell certain assets in the Peace River Arch and Deep Basin areas of Alberta and British Columbia. The package includes a 67% average working interest in more than 443,800 gross acres which also includes Talisman's fee title land position in each area of more than 27,000 gross acres. The package consists of five bid groups which may be bid on separately or as a group: Buick Creek, Blueberry/George, Shane/Eaglesham, Gold Creek/Wapiti and others. Overall production is 3,768 barrels of oil per day (19.4 million cubic feet of gas; 528 barrels of light oil and gas liquids). Net proved reserves are 3.9 million barrels equivalent (7 million proved plus probable). This sale is a complete disposition of all assets within an area including production, land and facilities. The data room is open. The bid due date is June 23. Contact Kelly Wylie, 403-539-8515; kwylie@tristonecapital.com.