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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (210)9/11/1996 6:38:00 AM
From: Kerm Yerman   of 24925
 
Maison Placements Canada Incorporated
Buy and Sell
September 11,1996

Rolie Bradley, institutional salesman at Toronto's Maison Placements Canada Inc. expects no major calamities between now and Christmas, but no great spurt in North American equities either. The situation indicates investors should emphasize quality stocks, those with low price/earnings ratios and good earning power.

His top picks include;

TALISMAN ENERGY INC. (TLM/TSE) $35.25 ($35.25--$22.75)
Based in Calgary, Talisman is active in oil and gas production in Canada, as well as internationaly. It recently bought some mature wells in the North Sea from British Petroleum. Talisman president and chief executive James Buckee was formerly president of BP Canada Inc., "which certainly helped the transaction," he said.

The company should produce cash flow per share of $6.20 in fiscal 1996 and, $6.80 in 1997. In all, it is a successful company that will continue to grow, and the higher oil price will help.

Talisman Energy is a TOP TWENTY SELECTION company.
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