This indeed maybe a good deal in the long run. However, the entire process is based on Talisman needing longer life reserves and trying to do it on the cheap. I don't believe that will work. Talisman should be looking at a major multi-billion dollar deal in the Bakken Trend ala XTO Energy recently. Large amounts of oil in place is safe areas will command an even higher premium than today.
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This indeed maybe a good deal in the long run. However, the entire process is based on Talisman needing longer life reserves and trying to do it on the cheap. I don't believe that will work. Talisman should be looking at a major multi-billion dollar deal in the Bakken Trend ala XTO Energy recently. Large amounts of oil in place is safe areas will command an even higher premium than today.
Jun 29 15:01 pm
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All Comments by Steven Ward »Taliman Energy: Analysts Cautiously Applaud Iraq Deal [View article]