Wednesday, June 11, 2008

Talisman Tweaks North American Shale Plans

Calgary, Alberta, Canada based Talisman Energy, Inc. announced late yesterday that its Fortuna Energy unit (FEI) had reached an agreement with Hallwood Energy L.P to earn up to a one-third working interest in Hallwood's US properties. Talisman and its affiliates will have access to Hallwood's technical staff for assistance on its developing plays in the Montney, the Bakken, the Utica and Lorraine shales in Quebec and Marcellus shales in New York and Pennsylvania.

Full Story at http://money.cnn.com/news/newsfeeds/articles/marketwire/0405691.htm