Talisman Energy posts bigger loss on impairment charges

Tue Feb 10, 2015 5:13am EST
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Feb 10 (Reuters) - Talisman Energy Inc , which in December agreed to be bought by Spanish peer Repsol , reported a bigger quarterly loss, mainly hurt by after-tax impairments of about $1.37 billion.

Talisman, Canada's No.5 independent oil and gas producer, said net loss widened to $1.59 billion, or $1.54 per share in the fourth quarter ended Dec. 31, from $1.01 billion, or 98 cents per share, a year earlier.

(Reporting by Shubhankar Chakravorty and Nia Williams; Editing by Sriraj Kalluvila)