Talisman reports progress in Sudan and Alberta

Talisman Energy Ltd., Calgary, plans $120 million (Canadian) in capital spending this year attributable to its 25% working interest in exploration and development operations in southern Sudan.In fact, the company announced a large oil discovery at the Shelungo wildcat, the first well drilled on the west side of the controversial concession. Appraisal drilling will be required.Talisman operates the 12.2 million-acre Greater Nile Oil Project (GNOP). Critics allege revenues from the project help the Khartoum government fund the war against Sudanese in the south (OGJ, Jan. 17, 2000, p. 38).Last year, Talisman endorsed recommendations in an Amnesty International report regarding oil operations...

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