NY -- Standard & Poor's CreditWire 10/16/97 -- Standard & Poor's today assigned its triple-'B'-plus rating to Talisman Energy Inc.'s US$300 million 7.25% unsecured debentures due 2027. The issue is a drawdown from the company's US$300 million shelf registration (assigned today a preliminary triple-'B'-plus rating by Standard & Poor's) filed Oct. 8, 1997. The outstanding triple-'B'-plus corporate credit and senior unsecured debt ratings of the company were affirmed. The ratings outlook remains stable. Ratings on Talisman reflect the company's average competitive position, a growing and diversifying reserve base, and fairly conservative financial policies, which are offset by a high growth strategy. Talisman has made a series of acquisitions that have increased its proved reserve base, increased production, diversified reserves outside
