Talisman Energy Inc., one of the biggest natural gas operators in North America, plans to focus capital this year on liquids plays after recording a $1 billion loss in 4Q2013 on cost-intensive operations. More than $2 billion in assets were sold in 2013, and $2 billion more are to be marketed over the next 12-18 months.
Kvisle
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Icahn Takes Interest in Talisman
The billionaire activist’s investment in the Calgary operator likely will lead to some changes, if history is a guide.
October 9, 2013