Talisman Energy Inc. (Talisman) is an independent upstream oil and gas company, which is engaged in the business of exploration, development, production and marketing of crude oil, natural gas and natural gas liquids. The Company’s activities are conducted in five geographic segments: North America, United Kingdom, Scandinavia, Southeast Asia and Other. North America includes operations in Canada and the United States. The United Kingdom segment includes operations in the United Kingdom and the Netherlands. Scandinavia includes operations in Norway and Denmark. The Southeast Asia segment includes operations in Indonesia, Malaysia, Vietnam and Australia. The Other segment includes operations in Algeria, Tunisia, Trinidad and Tobago, as well as other international areas. As of March 5, 2008, Talisman had acquired a 93.3% interest in RSX Energy Inc. In August 2009, Talisman's Talisman Energy Holdings Ltd. completed the acquisition of Rift Oil Plc.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Talisman Energy Inc.'s revenues decreased 39% to C$4.68B. Net loss from continuing operations totaled C$515M vs. an income of C$1.98B. Revenues reflect decreased oil & liquids sales. Net loss also reflects higher operating expenses, increased dry hole expenses, a rise in interest on long-term debts, an increase in depreciation & amortization charges and the presence of other expenses, net. vs. an income.
Company Address
Talisman Energy Inc.
3400, 888 - 3 Street S.W. Calgary AB T2P 5C5
P: +1403.2371234 F: +1403.2371902