By OGJ editors
HOUSTON, June 16 -- Talisman Energy Canada, a wholly owned subsidiary of Talisman Energy Inc., agreed to sell noncore assets in Canada in 18 transactions expected to generate $379 million (Can.).
The assets being sold are producing 7,000 boe/d, with proved reserves of 16 million boe as of yearend.
Talisman has completed 13 transactions and expects to close the rest by July 19.
Talisman said it would divest some of its US, Canadian, and UK holdings following its acquisition of Paladin Resources PLC (OGJ, Nov. 21, 2005, p. 35).