Case Study Essay
TALISMAN ENERGY INC.: THE DECISION TO ENTER IRAQ
Natalie Slawinski wrote this case under the supervision of Professor Pratima Bansal solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management …show more content…
TALISMAN’S EXPERIENCE IN SUDAN
Talisman invested in Sudan in 1998, through its acquisition of Arakis Energy Corporation, a Canadian independent oil company. This takeover gave a wholly owned Talisman subsidiary a 25 per cent non-
operated interested in the Greater Nile Petroleum Operating Company (GNPOC), a company established to conduct oil operations in Sudan. Other co-participants in the GNPOC included the national oil companies of China, Malaysia and Sudan. The decision to enter was not without its risks but the rewards were potentially very high.