Talisman to acquire smaller peer Rigel

Article Abstract:

Talisman Energy Inc will purchase Rigel Energy Corp for $842 million in a stock-and-cash agreement. The acquisition makes Talisman a dominant Western Canadian gas market player and increases its share in the North Sea oil market. Both Calgary-based companies are active oil and gas producers. Rigel's acquisition, Talisman's eighth since 1992, raises total acquisitions to $4.4 billion in seven years.

Asset sales & divestitures, Rigel Energy Corp.

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Husky snaps up Marathon assets

Article Abstract:

Marathon Oil Corp. has sold some of its assets to Husky Energy Inc. for $588 million. Calgary, Alb.-based Husky will spin off some of its newly-acquired assets to EOG Resources Inc. for $320 million.

United States, Crude petroleum and natural gas, Mergers, acquisitions and divestments, Company acquisition/merger, Marathon Oil Corp., EOG Resources Inc., EOG, Husky Energy Inc., Petroleum and gas industry software

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