CALGARY, ALBERTA, Jan 15, 2008 (MARKET WIRE via COMTEX) -- TLM | news | PowerRating | PR Charts -- Talisman (Vietnam 15-2/01) Ltd., a wholly owned subsidiary of Talisman Energy Inc. (TSX: TLM | news | PowerRating | PR Charts ) (NYSE: TLM), has tested the Hai Su Den (HSD) exploration well offshore Vietnam. This was Talisman's second oil discovery in
The HSD well is located in Block 15-2/01, 50 miles off the east coast of
"This is a very promising discovery," said John Manzoni, President and Chief Executive Officer. "I am optimistic that our two discoveries in Block 15-2/01 will form the basis of a new core producing area for Talisman in
The Thang Long Joint Operating Company, a special purpose joint venture company established for the purposes of conducting all operations on Block 15-2/01, plans to drill four more wildcat exploration wells in 2008 to evaluate features on trend with the HSD discovery. Talisman holds a 60% working interest share in any commercial discoveries on Block 15-2/01 with PetroVietnam Exploration and Production Company holding the remaining 40%.
Talisman Energy Inc. is an independent upstream oil and gas company headquartered in