EMAIL  Email
PRINT Printer Friendly
Text Size:
A | A

Sinopec Acquires A 49% Equity Interest In Talisman Energy (UK) Limited

Text Size: A | A
EMAIL
PRINT Printer Friendly
July 23, 2012

Talisman Energy Inc. (TSX:TLM)(NYSE:TLM) announced that it has reached an agreement in the North Sea with Sinopec International Petroleum Exploration and Production Corporation (Sinopec), whereby Sinopec will acquire a 49% equity interest in Talisman's UK North Sea business, Talisman Energy (UK) Limited (TEUK), for $1.5 billion."We are very pleased to reach this agreement with Sinopec for ...

Member Benefits:

  • Daily Unconventional News and Exclusives
  • Quarterly Playbooks and Special Reports on Emerging Plays
  • Access to Databases: Activity by Play, Completions and Rig Counts
Become a Member
Already a subscriber? Log In
Password

Related Articles

Cub Energy Updates Ukraine Ops

The company is in the process of acquiring the necessary permits for the drilling of its initial well, the RK-22, on Cub's 100% owned and operated Rusko-Komarovske licence.

Cub Energy Commences Drilling Of Olgovskoye-15 Well

Gross production from the Olgovskoye Licence averaged 11.42MMcf/d to KUB-Gas (3.5 MMcf/d net to Cub) during the month of February, representing approximately 40% of total production from all of Cub's licences.