Dec 21 (Reuters) - Pacific Exploration and Production Corporation PRE.TO :
* Pacific acquires the remaining 50% working interest in the cpe-6 block;
increasing production, cash flow and net reserves, without an immediate cash
outlay
* Total cash consideration is entirely contingent on cumulative production and
capped at u.s.$48 million
* Agreement will be effective on December 17, 2015; however, the assignment of
the block is subject to anh approval
* Pacific exploration and production corp says price to be paid by the company
to talisman will be comprised of a royalty and cash payments
* Source text for Eikon
* Further company coverage PRE.TO