NY -- Standard & Poor's CreditWire 4/11/97 -- Standard & Poor's today has affirmed its triple-`B'-plus corporate credit and senior unsecured debt ratings of Talisman Energy Inc. The ratings have been removed from CreditWatch, where they were placed Feb. 13, 1997, following the company's announcement that it had made a C$1.5 billion unsolicited bid to acquire Saskatchewan-based Wascana Energy Inc. The company has now announced that it will not increase its offer price for Wascana in the light of a higher competing bid, and the possibility of a bidding competition for Wascana involving Talisman has now been removed. Ratings on Talisman reflect the company's competitive position, a growing and diversifying reserve base, and prudent financial policies. Talisman has made a
