Talisman Energy Inc, the Canadian oil producer whose shares have fallen more than half in the past year, said on Tuesday it expects to meet its goal of selling $2 billion in assets by mid-2015 despite tumbling oil prices.
Talisman Energy
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Progress Energy Canada, the Canadian unit of Malaysia's state owned oil firm Petronas, purchases stake in Montney field.
After accumulating nearly 6% of total shares in Talisman Energy, Carl Icahn has prepared to provide direction as to sales of assets of the Canadian energy firm.
The shares of Talisman Energy Inc had moved forward following the announcement of Carl Icahn's acquisition of around 61 million shares in the company, said a Reuters report.
According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.
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