Talisman Energy Inc. is an oil and gas exploration and production company with headquarters in Calgary, Alberta, Canada. Established as an independent company in 1992, the company produced 425,000 boe/d in 2009, approximately 50% oil and liquids and 50% natural gas. Talisman has three main operating areas: North America, the North Sea and Southeast Asia, and pursues high impact international exploration opportunities. Each area has a defined role in Talisman’s strategy.
In Malaysia, Talisman, as operator, invested approximately C$1 billion (gross) to make the PM-3 CAA project the largest petroleum development undertaken by a Canadian company in Asia. The project encompassed six different offshore fields located throughout a 1,350 square-kilometer area in the CAA between Malaysia and Vietnam. Production is expected to peak in 2010 at over 90,000 boe/d in Malaysia alone.
Talisman also operates the adjacent Blocks PM-305 and PM-314 in Malaysian waters. Talisman was also awarded two PSCs for Block SB309 and Block SB310 offshore Sabah.
Talisman is committed to conducting its business safely, in an ethically, socially and environmentally responsible manner. The company is a participant in the United Nations Global Compact (UNGC) and is also included in the Dow Jones Sustainability (North America) Index. Talisman is the first Canadian company to join the Voluntary Principles on Security and Human Rights Plenary Group.
Talisman is listed on the Toronto and New York stock exchanges under the symbol TLM. Talisman is also part of the S&P/TSX 60 Index. At year-end 2009, the company’s market capital was more than $20 billion, with 1,019 million shares outstanding.
For more info, please visit Talisman official website here.
In Malaysia, Talisman, as operator, invested approximately C$1 billion (gross) to make the PM-3 CAA project the largest petroleum development undertaken by a Canadian company in Asia. The project encompassed six different offshore fields located throughout a 1,350 square-kilometer area in the CAA between Malaysia and Vietnam. Production is expected to peak in 2010 at over 90,000 boe/d in Malaysia alone.
Talisman also operates the adjacent Blocks PM-305 and PM-314 in Malaysian waters. Talisman was also awarded two PSCs for Block SB309 and Block SB310 offshore Sabah.
Talisman is committed to conducting its business safely, in an ethically, socially and environmentally responsible manner. The company is a participant in the United Nations Global Compact (UNGC) and is also included in the Dow Jones Sustainability (North America) Index. Talisman is the first Canadian company to join the Voluntary Principles on Security and Human Rights Plenary Group.
Talisman is listed on the Toronto and New York stock exchanges under the symbol TLM. Talisman is also part of the S&P/TSX 60 Index. At year-end 2009, the company’s market capital was more than $20 billion, with 1,019 million shares outstanding.
For more info, please visit Talisman official website here.