RE: RE: RE: RE: RE: RE: TAKEOVER IMO talisman would get zero support from CND government as most of their assets are outside of Canada, they have their Montney play and some legacy deep NG properties but I suspect those will get sold at some point when NG prices are higher, maybe 3-5 years away.
It also makes sense to me that a buyer would very quickly figure out that TLM could be purchased by Hostile takeover for 18-22 per share in the current market and the sum of the assets are worth 28-33 if sold separately.
TLM management would havfe a hard fight on their hands which would involve selling off assets to increase shareholder value, north sea, indonesia, marcelus, eagelford, etc.
so either way, the value of TLM shares will go up simply based on asset values. it's just a question of who has the cash to make this type of deal.
The big international oil companies could do it and keep the choice assets like Marcvelus and easgleford and sell the rest to help pay for the deal, or a foreign quasi-government oil entity could also do it, but that might get some CND goverment scutiny?
either way, TLM is ridiculously cheap right now and this sale price will not last forever, IMHO.
cheers and GLL