Talisman - Common Resources Agree Eagle Ford Acreage Deal

Talisman Energy has agreed to purchase 37,000 acres in the Eagle Ford Shale from Common Resources for $359 million (~10,000 per acre).  The deal adds to Talisman's US unconventional resource holdings, which includes a position in the Marcellus Shale. Talisman is expected to continue adding unconventional resource holdings and that likely means this isn't their last Eagle Ford Shale deal.

"Talisman reached agreement to acquire 37,000 net acres in the Eagle Ford shale play in south Texas."

Read the full press release at www.talisman-energy.com