Talisman is one of the largest Canadian-based independent oil and gas producers. Talisman’s main business activities include exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids.
Talisman’s aggregate production from its consolidated entities and equity investments for the year ended December 31, 2013 was 373 mboe/d, comprised of 35 mbbls/d of oil and liquids and 883 mmcf/d of gas from North America; 44 mbbls/d of oil and liquids and 516 mmcf/d of gas from Southeast Asia; 32 mbbls/d of oil and liquids and 9 mmcf/d of gas from the North Sea; and 21 mbbls/d of oil and liquids and 43 mmcf/d of gas from other areas. Approximately 35% of the Company’s production is liquids and 65% is natural gas (on a 6 mcf:1 bbl equivalency basis). In 2013, in Southeast Asia, approximately 39% of total production was oil-linked gas.