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Wednesday, May 1, 2013

Talisman looks to sell its stake in Colombia's Ocensa pipeline, (NYSE: TLM), (TSE: TLM.TO)

Talisman Energy Inc , a Canadian oil and gas producer that is restructuring its operations to lower debt and boost its shares, is looking for a buyer for its 12.15 percent stake in the Ocensa oil pipeline in Colombia. Hal Kvisle, Talisman's chief executive, told reporters following the company's annual meeting on Wednesday that he expects to be able to find a buyer for the stake within six months.

Talisman Energy Inc. (Talisman), incorporated on May 01, 2010, is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM fell by 5.13% or $-0.6099/share to $11.28. In the past year, the shares have traded as low as $9.46 and as high as $15.21. On average, 5222260 shares of TLM exchange hands on a given day and today's volume is recorded at 6218132.

Talisman Energy Inc. (Talisman), incorporated on May 01, 2010, is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM fell by 5.88% or $-0.71/share to $11.37. In the past year, the shares have traded as low as $9.72 and as high as $14.69. On average, 2619660 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 5467101.



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