Talisman Energy Inc confirmed on Monday it is engaged in discussions with Spanish oil major Repsol regarding a potential corporate transaction. Calgary-based Talisman said it has also been approached by a number of other parties regarding various transactions. It said there can be no assurances that these discussions will result in a transaction or on what terms.A source with knowledge of the matter told Reuters last week that Repsol was finalising an offer for Talisman and that it has sent executives to Calgary to step up talks.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM remained unchanged at $4.29. 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 680124.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM traded higher by 18.31% or $0.78/share to $5.04. 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 22938676.
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