Talisman Energy (UK) Ltd., the U.K.-based subsidiary of Talisman Energy Inc., Calgary, (Toronto, NYSE: TLM) plans to acquire the combined 85.81% interest in the Fulmar Field (blocks 30/11b and 30/16s) and a 100% interest in the Auk Field (blocks 30/16n and 30/16t) in the Central North Sea from Shell U.K. Ltd., a subsidiary of Royal Dutch Shell Plc, London, (NYSE: RDS.A) and Esso Exploration and Production UK Ltd., a subsidiary of ExxonMobil Corp., Irving, Texas, (NYSE: XOM) for an undisclosed price. The assets expand Talisman's existing Clyde core area assets in the Central North Sea, which are currently the Clyde Field (95%) and Orion Field (93.7%) that along with the Auk and Gannet fields export volumes via the Fulmar production facilities. Talisman has an existing 12.71% interest in the Fulmar Field and has agreed to acquire the 1.48% interest in the field from New York-based Hess Ltd. (NYSE: HES), bringing Talisman's total interest to 100%.
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