Talisman Energy Announces Agreement to Exit Poland
08 Mayo 2013 - 1:47AM
Marketwired
Talisman Energy Inc. (TSX:TLM) (NYSE:TLM)
Talisman Energy Poland B.V. (Talisman) has reached an agreement
to transfer its interests in Poland to its partner San Leon Energy
(San Leon).
San Leon will acquire 100% of the shares of Talisman Energy
Polska Sp. z o.o. (100% held by Talisman Energy Poland B.V.),
including all assets and drilling equipment. The deal enables
Talisman to exit the country with no outstanding commitments or
liability.
"Talisman's decision to exit Poland is driven by our strategic
priority to focus on production within our two core areas: the
Americas and Asia-Pacific," said Paul Warwick, Executive
Vice-President, Europe-Atlantic. "Although encouraged by the
preliminary results of our drilling program, we need to focus on
what is important to our shareholders. I am proud of what our team
has accomplished in Poland: a technically successful drilling
program and strong relationships with key stakeholders."
Talisman signed a farm-in agreement with San Leon in 2010 to
earn a 30% working interest in three blocks in the Baltic Basin.
Talisman drilled one vertical well in each block. Talisman has
closed its office in Warsaw.
Talisman Energy Inc. is a global upstream oil and gas company,
headquartered in Canada. Talisman has two core operating areas: the
Americas (North America and Colombia) and Asia-Pacific. Talisman is
committed to conducting business safely, in a socially and
environmentally responsible manner, and is included in the Dow
Jones Sustainability (North America) Index. Talisman is listed on
the Toronto and New York stock exchanges under the symbol TLM.
Please visit our website at (www.talisman-energy.com).
Contacts: Talisman Energy Inc. - Media and General Inquiries
Phoebe Buckland Manager, External Communications
403-237-1657tlm@talisman-energy.com Talisman Energy Inc. -
Shareholder and Investor Inquiries Lyle McLeod Vice-President,
Investor Relations 403-767-5732tlm@talisman-energy.com
www.talisman-energy.com
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