Since December 2010, Canadian firms have team up for at least C$8 billion worth of joint ventures, many to develop unconventional resource plays.
The costs of doing business are higher. The natural gas market is stunted. And reliable U.S. investment has died down.
But Asian investment is heating up, panelists said at a DUG Canada 2013 ...
Deal brings the company closer to its goal of $2-$3 billion in asset sales.
For Talisman Energy Inc., a corporate philosophical shift to living within cash flow may crimp the speed with which the company brings its substantial Montney shale resources to market following expiration of existing joint venture arrangements over the next couple years.