Canada’s Talisman is proceeding with the sale of all or part of its Kurdistan assets as part of a previously announced divestment plan. This comes as other Canadian firms are withdrawing KRG staff.

Calgary-based Talisman is keen to stress that neither its Kurdistan Regional Government (KRG) divestment plans, nor its operations in the autonomous region have been affected by recent developments, which have seen Jihadist fighters of ISIS engage KRG Peshmerga troops on numerous fronts, oil blocks seemingly threatened, and a stream of IOCs withdraw staff (see p2). (CONTINUED - 617 WORDS)