Talisman Energy Operations in Colombia

=History=

When BP sold off its Colombia assets in 2010, Talisman Energy purchased 49% ([[Ecopetrol bought the remaining 51%). Talisman's President John Manzoni commented on the sale, saying that "these are tremendous assets that our team knows well. They are attractively priced, with excellent running room and we are partnering with the preeminent oil and gas company in Colombia."

The acquisition added an additional 330,000 net acres to the company's assets in Colombia, along with 12,000 barrels of oil equivalent (boe)/day of production.

At this stage Talisman was already partnered with Ecopetrol in several license areas in Colombia and Peru.

=Activities=

As of 2010 Talisman (Colombia) Oil and Gas Ltd (TCOG) held interests both as an operator and a non-operator in 11 blocks in the Llanos region of Colombia.

In March 2011 23 men working for a company which had been subcontracted by Talisman Energy were kidnapped in Puerto Principe de Guerima, in Colombia's eastern Vichada province. Despite rumours of a ransom deal being made between the company and guerrilla groups, Talisman denied paying any ransom and asserted that it had always followed Colombia law. A Colombian military official said that the mass kidnapping had been carried out because the company had refused to pay protection money to the rebels. =References=