Talisman Energy Inc , Canada's No. 5 independent oil and gas producer, said on Tuesday it still plans to sell all or a portion of its exploration properties in Iraq's Kurdistan region despite conflict in the area.The company said it expects to begin a sale process in the next several weeks.Brent Anderson, a spokesman for Calgary-based Talisman, said an adviser has been selected to handle the marketing of the properties, though he declined to say who had been chosen to oversee the process. The company could sell all or part of its oilfields in the region depending on the amount of interest in the sale."We had anticipated going to the marketplace in the third quarter and this process has just started," Anderson said. "We have an adviser selected and we plan to go into the market with that adviser over the next couple of months."
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM remained unchanged at $10.51. In the past year, the shares have traded as low as $9.63 and as high as $13.38. On average, 4256060 shares of TLM exchange hands on a given day and today's volume is recorded at 2361459.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 0.26% or $0.03/share to $11.50. In the past year, the shares have traded as low as $10.48 and as high as $13.83. On average, 2543020 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 630727.
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