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Moderated By: Kent C. -- (Not Moderated) -- Started: 12/22/1997 2:37:00 PM  Revision History From: Subject 17869 Dec. 22 - TLM.TSE - SIGNING OF MADURA PRODUCTION SHARING CONTRACT IN INDONESIA From: Canada NewsWire CALGARY, Dec. 22 /CNW/ - Talisman Energy Inc. today announced that a Production Sharing Contract (''PSC'') covering the Madura Offshore Block in Indonesia was signed on December 4, 1997. ''We are very pleased to be awarded this new, very prospective exploration acreage. The PSC is on trend with a number of significant oil and gas discoveries and we are very excited about the potential,'' said Dr. Jim Buckee, President and Chief Executive Officer. ''We have no hesitation about increasing our portfolio in Indonesia because sales are denominated in US dollars and the fiscal regime for the oil and gas industry has been very stable over many years.'' The Madura Offshore Block PSC comprises 4,246 square kilometers of high potential exploration acreage and is located southeast of Madura Island in the East Java Sea in a proven hydrocarbon basin. Water depths in the region are 70 to 130 meters. Talisman holds a 100% working interest in the Block. Talisman's preliminary evaluation has identified Oligo-Miocene reefal anomalies as well as other prospects and leads in the Pliocene and Eocene limestones. The Company has an extensive seismic data base on the Block and anticipates that reprocessing and reinterpretation of the data will identify additional exploration potential. Talisman plans to drill its first well on the acreage in 1999, focusing on the largest of the Miocene reefs. Talisman currently produces approximately 225,000 boe/d, of which 30,000 bbls/d are from Indonesia. Talisman (Corridor) Inc., a wholly-owned subsidiary of Talisman Energy Inc., is a 36% participant in the Corridor Gas Project in Indonesia. Talisman Energy Inc. is a Canadian-based international upstream oil and gas producer with operations in Canada, the North Sea and Indonesia. The Company also conducts exploration in Algeria, Trinidad and Peru. Talisman is listed on the Toronto, Montreal and Vancouver stock exchanges in Canada and on the New York Stock Exchange in the United States. For further information: David Mann, Manager, Investor Relations & Corporate Communications, (403) 237-1196, Fax: (403) 237-1210, E-Mail: tlm@talisman-energy.com From: Subject 17869

Reply	Message Preview	From	Recs	Date
1713	Partial Press/Earnings release: Press Release Source: Talisman Energy Inc.	LARRY LARSON	-	05/03/2005 01:37 PM
1712	Oh ya, and there are WMD is darfur also don't forget that. Also Sudan has b	bluenile	-	04/27/2005 03:46 PM
1711	Yes, Talisman's departure has certainly improved the situation in Darfur.	SofaSpud	-	04/27/2005 11:53 AM
1710	Of course Tomas sudanese are much happier now than when talisman was there. Al	bluenile	-	04/26/2005 01:18 PM
1709	If someone has access to "Petroleum News", please publish if you care	LARRY LARSON	-	03/27/2005 03:48 PM
1708	News from CCNMatthews CORRECTION FROM SOURCE: Talisman Energy Acquires Norwegi	LARRY LARSON	-	02/01/2005 01:43 PM
1707	Maybe we should take another "look" at Talisman? Up $.070 on NYSE on	LARRY LARSON	-	01/04/2005 05:37 PM
1706	Southeast Asia: As far as I can tell, Talisman's operations are generally i	LARRY LARSON	-	12/26/2004 06:55 PM
1705	BEST IN 2005: PARTIAL RAYMOND JAMES REPORT: Raymond James Releases Canadian Equ	LARRY LARSON	-	12/15/2004 06:48 PM
1704	I hope you are in TLM already at this point.... ECA, my other fav, has been per	Michael Watkins	-	11/23/2004 10:44 AM
1703	> In that time frame TLM is just underneath the upper most trading range and	Michael Watkins	-	11/15/2004 11:17 AM