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ENCOR INC. RECEIVE PROPOSAL FROM TALISMAN ENERGY INC. TO ACQUIRE ALL OUTSTANDING SHARES

 CALGARY, Alberta, March 10 /PRNewswire/ -- Encor Inc. (Toronto, Montreal: ECR) announced today that it has received a proposal from Talisman Energy Inc. to acquire all of the outstanding shares of Encor.
 Encor's major shareholder, BCE Inc., has agreed to support the merger of the two companies. BCE currently holds 18.6 percent of the common shares and 100 percent of the convertible preferred shares of Encor.
 The merger is subject to approval by Encor's board of directors and shareholders as well as regulatory authorities. The Encor board is expected to consider the merger shortly.
 Encor's common shares trade on The Toronto Stock Exchange and the Montreal Exchange under the symbol "ECR."
 -0- 03/10/93
 /CONTACT: E. Susan Evans, VP-law and corporate affairs of Encor, 403-231-6066/
 (ECR.)


CO: Encor Inc.; Talisman Energy Inc.; BCE Inc. ST: Alberta IN: OIL SU: TNM

BP -- LA018 -- 4753 03/10/93 14:37 EST
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Publication:PR Newswire
Date:Mar 10, 1993
Words:150
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/C O R R E C T I O N -- TALISMAN ENERGY INC./

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