TORONTO, Sept 3 (Reuters) - Talisman Energy agreed to sell its non-core
Dutch assets in the North Sea to Total Holdings Nederland B.V. as it advances
its plan to focus on key areas.
The $480 million deal, which excludes working capital, includes stakes in
three licenses, the company said on Wednesday.
The deal is subject to the usual government and other requirements.
The company, under new Chief Executive John Manzoni, is selling off parts of
its global production base and refocusing operations on a few key regions such
as the North Sea, Southeast Asia and unconventional reserves in North America.
($1=$1.06 Canadian)
(Reporting by Scott Anderson; editing by Janet Guttsman) Keywords: TALISMAN/
tf.TFN-Europe_newsdesk@thomson.com
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