Wednesday, July 2, 2008

Talisman-operated oil well comes up dry

Talisman-operated oil well comes up dry

Wednesday, July 02, 2008
CALGARY — An oil well operated by Talisman Energy Inc. off Norway was abandoned after drilling came up dry, the Calgary-based energy company's Norwegian partner said.

Det Norske said the 32/2-1 well on the Trow prospect in production licence 369 drilled dry.
Talisman holds a 40 per cent stake in the production licence, Petro-Canada Norge 20 per cent, Revus Energy 20 per cent and Det Norske 20 per cent.

Partner Revus Energy said no signs of hydrocarbons were encountered at the well, which will be plugged and abandoned.

Talisman shares were off 59 cents, 2.6 per cent, at $21.99 in morning trading at the Toronto Stock Exchange. Petro-Canada shares were up 60 cents at $57.71.
© Copyright The Globe and Mail

Tuesday, July 1, 2008

Talisman-TLM-TSE Ready To Breakout or Breakdown?






















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