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Deal Date: 08-05-2013 Practice Area: Corporate and M&A
Deal Title: Talisman Energy sale of Polish interest to San Leon Energy Industry: Oil & Gas Producers
Description:
Slaughter and May advised Talisman Energy Inc.("Talisman") on an agreement to transfer Talisman's interests in Poland from its wholly owned subsidiary, Talisman Energy Poland B.V., to its partner San Leon Energy ('San Leon'). Pursuant to the agreement, which was announced on 8 May 2013, San Leon will acquire 100% of the shares of Talisman Energy Polska Sp. z o.o. (100% held by Talisman Energy Poland B.V.), including all assets and drilling equipment. The deal enables Talisman to exit the country with no outstanding commitments or liability. Talisman Energy Inc. is a global upstream oil and gas company, headquartered in Canada and listed on the Toronto and New York stock exchanges. Corporate and Commercial: Hywel Davies (partner), Michael Mountain (associate).
Financial Center: London Value: 0.00-0.00
Advised Party: Joint Venture Party Law Firm
JV Party Jurisdiction United States,Poland JV Party Jurisdiction United States
Classification: Joint Ventures Continuing Business Partnership
Lawyer Hywel Davies