Exploration & Production | Quarterly / Earnings Reports
Talisman Ups Production, Touts Multi-Target Well Projects in Q3
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Talisman Energy Inc. has reported its operating and financial results for the third quarter of 2013.
All values in this release are in US$ unless otherwise stated.
Hal Kvisle, President and CEO, commented: "Our third quarter results reflect the progress the company has made against its four strategic priorities. Cash flow has steadily increased over the course of the year, and we are on track to reach full year cash flow and production targets. Year-to-date capital spending is down 17% from 2012 and we will continue to work towards balancing cash flows with our capital budget through 2014 and 2015.
"We are now focused on two core regions, the Americas and Asia-Pacific, and our assets in these regions are performing well. We are achieving excellent results in the Marcellus, sustaining gas…
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