Exploration & Production | Quarterly / Earnings Reports
Talisman Touts Strong Results Across North American Segments
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Talisman Energy Inc. has reported its operating and financial results for the second quarter of 2013.
All values in this release are in US$ unless otherwise stated.
2013 Second Quarter OverviewProduction averaged 361,000 boe/d, down 3% from the previous quarter. Operational performance in Talisman's two core areas, the Americas and Asia-Pacific, was strong during the quarter. Planned turnarounds and unplanned downtime in the non-core North Sea, production restrictions in Algeria and natural declines in North America were partially offset by new oil production from HST/HSD in Vietnam and production growth in the Eagle Ford.
Cash flow was $526 million, up 2% relative to the previous quarter. Increased liquids volumes in Vietnam and the Eagle Ford and lower royalties in Malaysia were…
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