Petroleum Africa
Find us on: 
Sunday, March 21, 2004
PRESS RELEASE–CALGARY, Alberta–March 18, 2004–Talisman Energy Inc. (NYSE:TLM) (TSX:TLM) has given notice of its intention to exercise its right to redeem all of its outstanding US$150 million 8.9% Junior Subordinated Debentures ("Preferred Securities"), which are listed on the New York Stock Exchange under the symbol TLM PrB.
The redemption date will be June 15, 2004. The redemption price of US$25 per Preferred Security plus accrued and unpaid interest to the redemption date will be paid on June 15, 2004. The interest payment of US$0.55625 per Preferred Security due on May 15, 2004 will be paid in the normal manner on that date to security holders of record at the close of business on May 1, 2004.
The redemption price will be credited to the accounts of beneficial holders of Preferred Securities through their individual brokers, who may be contacted for additional information about payments. Questions about the redemption process may be directed to the trustee, JP Morgan Chase Bank (formerly known as The Chase Manhattan Bank), at 1-800-275-2048 or 214-468-6125.
Talisman Energy Inc. is a large, independent oil and gas producer with operations in Canada and, through its subsidiaries, the North Sea, Indonesia, Malaysia, Vietnam, Algeria and the United States. Talisman’s subsidiaries also conduct business in Trinidad, Colombia and Qatar. Talisman has adopted the International Code of Ethics for Canadian Business and is committed to maintaining high standards of excellence in corporate citizenship and social responsibility wherever its business is conducted. Talisman’s shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
