Who We Are




Talisman Energy Inc. is a large, independent oil and gas producer with operations in Canada and, through its subsidiaries, the North Sea, Indonesia, Malaysia, Vietnam, Algeria, Trinidad and the United States. Talisman’s subsidiaries also conduct business in Peru, Colombia and Qatar. Talisman has adopted the International Code of Ethics for Canadian Business and is committed to maintaining high standards in corporate citizenship and social and environmental responsibility wherever its business is conducted. The Company is a participant in the United Nations Global Compact, a voluntary initiative that brings together companies, governments, civil society and other groups to advance human rights, labour and environmental principles. Talisman’s shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.


2004 Performance Statistics (millions of dollars otherwise stated)   2004 2003 2002
Social Performance
Community contributions   3.8 5.1 3.1
Full-time equivalent employees   1,870 1,758 1,565
Full-time equivalent positions added   179 275 -
Employee turnover   4% 4% 4%
Dollars spent on employee training   3.2 - -
Health, Safety and Environmental (HSE) Performance
CO2E emissions (Canada and UK)(million tons)   4.4 4.5 3.6
Direct energy use (Canada) (trillion BTU)   20.7 - -
Lost time injury frequency (per 200,000 exposure hours)   0.36 0.51 0.74
Portable water diversion (Alberta, Canada) (million barrels)   7.2 - -
Financial and Operating Performance
Production (mboe/d)   438 398 445
Gross sales   6,874 5,610 5,351
Common share dividends   114 90 80
Exploration and development expenditures   2,538 2,180 1,848
Fiscal contributions to host governments   1,726 1,195 1,277
Employee remuneration   324 249 166
"-" indicates statistic not reported in previous years