Talisman Committed to Southeast Asia — But for How Long?

摘要

Canada's Talisman Energy is maintaining robust investment in Southeast Asia at a time when many North American firms are pulling back or exiting the region entirely to focus on opportunities at home. So what's so special about Talisman's Asian assets, or could they become its undoing as management grapples with activist shareholder Carl Icahn over the direction of the company? "We are bucking the trend. We are sending cash flow to our headquarters," Talisman's Malaysia country manager, Ron Aston, told EI Finance last month. Aston was asked why Talisman was not following in the tracks of Hess, which is in the process of divesting its Indonesian and Thai assets, or Newfield, which has sold its Malaysian assets (EIF Jul. 17'13).