Mon, 23 Jul 2012 07:40:39 CDT
Talisman Energy Inc. said Monday it'll sell for $1.5 billion a 49% stake in oil assets in the North Sea of the U.K. to Sinopec . The two companies will form a joint venture in a deal that will "proportionately reduce Talisman's share of capital spending, production and abandonment liabilities" for its U.K. business. Market Pulse Stories are Rapid-fire, short news bursts...
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