NY -- Standard & Poor's CreditWire 10/2/97 -- Standard & Poor's today affirmed its triple-'B'-plus corporate credit and senior unsecured debt ratings of Talisman Energy Inc. following the company's announcement that it has reached agreement with Loram Corp. to purchase all of the issued and outstanding shares of Pembina Resources Ltd. The purchase price totals C$501 million and, in addition, Talisman will assume C$104 million of long-term debt. The ratings outlook remains stable. Pembina is a privately held oil and gas company with proved plus probable reserves of over 100 million barrels and holds rights to over one million net acres of undeveloped land in Alberta, Saskatchewan, British Columbia, and Ontario. The company currently produces 10,000 barrels per day of
