BUZZ-Talisman Energy Inc: Repsol to discuss bid

Mon Dec 15, 2014 11:29am EST
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** Canadian oil producer's U.S.-listed shares up 18.4 pct at $5.08

** Spanish oil major Repsol SA says it would discuss takeover offer for Talisman Energy

** Potential bid could be $6-$8 per share, Financial Times said last week

** This would value stock at up to 55 pct premium to Friday close, valuing company at as much as $8 bln

** Nearly 2.3 million shares traded by 11.24 a.m. ET, nearing 10-day moving average

** Stock jumped as much as 23 pct; Among top percentage gainers on the NYSE

** Up to Friday's close, stock had fallen 67.2 pct this year

** Company's Toronto-listed shares up 16.9 pct at $5.89