Talisman confirms talks with Spain's Repsol

Wed Jul 23, 2014 11:14am EDT
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CALGARY, Alberta, July 23 (Reuters) - Talisman Energy Inc , confirmed on Wednesday it has been approached by Repsol, a day after media reports that the Spanish oil producer was considering a bid for Canada's No.5 oil company.

Talisman said in a release that it had been "approached by Repsol with regards to various transactions". It did not detail the proposed transactions and said it would offer no further comment.

The company's shares were halted on Wednesday morning. They last traded up 7.2 percent at C$11.33. (Reporting by Scott Haggett, Editing by Franklin Paul)