Talisman Energy (TLM -0.9%) sanctions its $2.56B MonArb redevelopment project in the U.K. North...

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

Talisman Energy (TLM -0.9%) sanctions its $2.56B MonArb redevelopment project in the U.K. North Sea after seeing final regulator approval for the project. The project aims to produce a further 100M boe from the existing Montrose, Arbroath, Brechin, Arkwright, Carnoustie and Wood fields by 2016.