Talisman Energy (TLM +3.2%) decides not to proceed in the next phase of Sasol's (SSL -0.7%)...

|About: Talisman Energy Inc. (TLM)|By:, SA News Editor

Talisman Energy (TLM +3.2%) decides not to proceed in the next phase of Sasol's (SSL -0.7%) gas-to-liquids plant in western Canada after concluding a feasibility study. "Talisman's immediate focus is to accelerate investment in near-term liquids opportunities, with the goal of increasing liquids and oil-linked gas production to 300K bbl/day by 2015," TLM says.