Chris Varcoe Ottawa Citizen Dry holes, angry church activists and American missile attacks. And now, Talisman Energy Inc. is getting pressure from Foreign Affairs Minister Lloyd Axworthy over the Calgary oil company's controversial investment in war-torn Sudan. The obstacles facing Talisman in the North African country seem to come one after another.
People are nervous.
It is a remote part of the world from most people's experience, so . . . I'm confident now this will be a successful project. Arakis had obtained a stake in Greater Nile after U.S. oil giant Chevron relinquished the concession in 1992 due to Sudan's ongoing civil war. However, the small Calgary firm couldn't raise enough money and was eventually taken over. Today, Talisman owns 25 per cent of the venture, with state-owned oil companies from China, Malaysia and Sudan controlling the rest.