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Talisman Iraq deal cautiously applauded by analysts
Posted on June 24, 2008
Analysts have filed their first impressions of Talisman Energy Inc. s adventures in Iraq. Their reaction? More than a golf clap, but not quite a standing ovation.In short, they cheered the potential to find massive amounts of oil, while barely batting an eye that Talisman s new oil exploration project is in Iraq one of the world s ugliest war zones. Oh, sure, it is actually in the autonomous region of Kurdistan, but that is still part of Iraq. Menno Hulshof of Blackmont Capital and Andrew Potter at UBS Securities noted the two exploration blocks Talisman now has interests in are ...
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