2004 Key Activities

• Recorded no fatalities, life-threatening occupational injuries or major environmental incidents at Talisman-operated sites.
• Launched a $58 million deep-water wind farm demonstrator project in the North Sea and completed a $21 million cogeneration facility in Alberta.
• Conducted HSE due diligence in advance of asset acquisitions in North America and the UK.
• Completed formal environmental impact assessments in support of proposed projects in Trinidad, the UK, Malaysia and the US.
• Decommissioned approximately 150 inactive wells in Canada and five wells in the North Sea.
• Developed and implemented caribou protection plans during winter exploration and development activity in Western Canada.
• Spent $16 million on contaminated site cleanup and well site reclamation in North America.
• Treated and recycled approximately 16,500 tons of contaminated soil at our Diamond Valley Soil Treatment Facility.
• Constructed a new cogeneration facility at the Edson natural gas plant, yielding direct emission reductions of approximately 22,000 tons CO₂E annually.
• Continued with initiatives to reduce the amount of produced water and entrained oil discharged in the North Sea.
• Conducted a major study of all operated sites in the UK towards compliance with the EU Emissions Trading Scheme, the Offshore Combustion Installations (Prevention and Control of Pollution) Regulations and the Department of Trade and Industry’s Flare Mass Reporting requirements.
• Completed offshore emergency response training and held safety performance workshops with contractors in Malaysia.
• Supported coral protection and reef cleanup projects at the International Marine Park on Perhentian Island, Malaysia.
• Completed annual well site, facility and heavy equipment safety inspections at our Indonesian operations.