Talisman selling part of Farrell Creek field

Must Read

Alberta justice minister cleared in ethics case tied to oil funding inquiry

EDMONTON — Alberta's ethics commissioner says Justice Minister Doug Schweitzer did not break the rules when he hired Steve...

Grande Prairie RCMP investigate stolen mobility scooter

GRANDE PRAIRIE, A.B. - Grande Prairie RCMP are investigating the theft of a mobility scooter. According to RCMP, on the...

Old Fort still remains on an Emergency Footing as landslide still blocks road

FORT ST. JOHN, B.C. - The Peace River Regional District says the community of Old Fort remains on an...

Calgary based Talisman Energy is selling a 50 per cent stake in its Farrell Creek shale gas field in Northeastern B.C. to Sasol, a South African energy and mining company with about 34 thousand employees.

It’s a one billion-dollar development agreement and it is still subject to regulatory approval.
However, it is expected to close in the first half of next year and Talisman will continue to run the property, which is part of its Monteney shale gas field.

The two companies also agreed to collaborate on other projects.

- Advertisement -

Community Interviews with Moose FM

They include a feasibility study into the economic viability of a facility in western Canada to convert natural gas to liquid fuels.

More Articles Like This