12:02 PM EST - Talisman Energy : announced an agreement with Xstrata Coal to sell certain non-producing, non-core coal properties located in Northeast British Columbia for $500 million U.S. in cash. The Sukunka coal property is located 60 kilometres south of Chetwynd, along the Peace River coalfield that extends 400 kilometres across Northeastern British Columbia. The licences cover an area of over 20,000 acres and contain an underground mineable deposit of coking coal (all Talisman 100% working interest). Talisman Energy
shares T.TLM are trading up $0.02 at $13.27.
