COMPANY NEWS: Talisman delays sale of Greater Nile Oil Project stake

Talisman Energy Inc., Calgary, has delayed until Jan. 31 the sale of its 25% interest in the Greater Nile Oil Project (GNOP) to New Delhi-based ONGC Videsh Ltd., extending the earlier date of Dec. 31, 2002."The delay is the result of a number of factors, including seasonal activities in various countries and complexities related to the consortium members' interests," Talisman said in a statement issued Dec. 31, 2002.In other recent company news:•Vancouver, BC-based Ivanhoe Energy Inc. has formed a gas-to-liquids subsidiary in Japan that will be used to "facilitate the participation of Japanese companies" in Ivanhoe's proposed GTL project in Qatar. The new subsidiary, GTL Japa...

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