Investor Open House, May 2011 Wrap-up Talisman Energy
0 50 100 150 200 250 300 0 10 20 30 40 50 60 1 2 3 4 5 6 7 8 Shale free cash flow turning point Reinvestment ratio and decline curve Percentage (%) Decline curve Reinvestment ratio to maintain production Years…
5 4 3 2 1 0 Actual cash flow Cash flow and capital 2009 2010 2011 2012 Analyst cash flow estimate Capital Cash flow and capital $ billion Analyst mean cash flow estimate $3.8B $4.6B May 2011 NYSE: TLM ?TSX: TLM…
? Portfolio transition largely complete ? Outlook transformed ? Exploration work in progress ? 5-10% growth into the future ? Sustainable due to shape of portfolio ? Improving profitability as replacement costs reduce ? Liquids…
Talisman Key Historical Data 2010 2009 2008 2007 2006 2005 Daily production, before royalties Oil & liquids (mbbl/d) 189 211 224 241 262 250 Natural gas (mmcf/d) 1,367 1,283 1,247 1,265 1,342 1,319 Barrels of oil equivalent (mboe/d)…
Key Historical Data 2010 2009 2008 2007 2006 2005 Ratios and Key Indicators (C$ millions, except per share) Cash flow 3,058 3,961 6,163 4,327 4,748 4,672 Net Income 648 437 3,519 2,078 2,005 1,561 Per Common Share Cash flow 3.00…
Share information, adjusted to reflect stock splits Average common shares outstanding (millions) 1,018 1,019 1,019 1,019 1,064 1,099 TSX trading info Average daily trading volume (thousands) 5,042 4,066 3,727 2,951 3,254 3,143 High…