Talisman Rumored to be Selling Eagle Ford Assets in South Texas for Upto US$2 Billion in Line with its Asset Divestment Plans - Deal Analysis from GlobalData
Talisman Energy Inc. (Talisman) is rumored to be selling its assets in the Eagle Ford basin in South Texas for a sale consideration of up to US$2 billion. Talisman is rumored to have selected the Royal Bank of Canada to carry out the divestment of the assets.
The report analyzes the rationale behind Talisman's rumored plan to sell its interests in the Eagle Ford basin.
The report provides a comparison of Talisman's operations in the Eagle Ford shale on some key parameters with the operations of other key operators in the shale play
Geography Covered – The US
Reasons to buy
To be aware of Talisman's plans to raise US$2–3 billion through asset sales and divestments in the next 12 to 18 months
To know that Talisman's asset sales program could be directed to ease its high leverage position
To be informed that at the rumored deal value of about US$2 billion, the deal could be at a considerable premium compared to similar deals in the Eagle Ford shale play over last six months.