OTCPK:TLSMF - Post by User
Post by
glaciermanon Aug 05, 2013 9:40pm
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Post# 21650857
Future Joint Venture NWT
Future Joint Venture NWT Recent board changes at both MGM Energy and Talisman definitely point to a future joint venture in the North West Territories. Virtually at the same time, Robert Rooney resigned as director at MGM energy while Henry Sykes was appointed to the Talisman board. In their normal roles, Sykes as President of MGM and Rooney as VP Legal at Talisman will be responsible for negotiating and signing any joint venture agreements. Call it a coincidence, but last month, MGM went public and said that it would be seeking a deep pocketed major to help develop their Canol shale oil play in Norman Wells. This could be a game changer for both companies as the Canol is said to contain 2 billion barrels of light sweet crude.