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Monday, December 15, 2014

Board of Spain's Repsol to discuss bid for 100 percent of Talisman, (NYSE: TLM), (TSE: TLM.TO)

The board of Spanish oil major Repsol will on Monday discuss a potential bid for 100 percent of Talisman Energy, Repsol said in a statement to Spain's stock market regulator. Talisman had said earlier on Monday it was engaged in discussions with Repsol regarding a potential corporate transaction, without giving any further details.

Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 20.75% or $0.89/share to $5.18. In the past year, the shares have traded as low as $3.46 and as high as $11.86. On average, 9714960 shares of TLM exchange hands on a given day and today's volume is recorded at 6981027.

Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 19.05% or $0.96/share to $6.00. In the past year, the shares have traded as low as $3.96 and as high as $13.13. On average, 3888420 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 1944177.



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