ALGERIA
Talisman Algeria Stake ‘Strategic’ Following Pertamina Purchase
Canadian independent Talisman says it will keep its 35% stake in Block 405a in Algeria’s Berkine Basin due to “significant relationship reasons” with Indonesian state firm Pertamina. Pertamina in December paid $1.75bn to buy ConocoPhillips’ 65% operator’s stake (implying a $613mn valuation for Talisman’s share).
Talisman’s...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!