Talisman has an interest in three blocks in the Kurdistan Region of northern Iraq covering in excess of 226 thousand acres. In 2011, the Company drilled a successful exploration well on the Topkhana Block.  In the fourth quarter of 2011, Talisman spudded the Kurdamir-2 exploration well on the Kurdamir Block. Talisman is planning to spud an exploration well on Baranan Block in 2012.