Southeast Asia is expected to continue as a self-funding growth area over the medium term with significant long-term exploration upside.
Talisman has interests in Indonesia, Malaysia, Vietnam, Australia and Papua New Guinea. In 2010, Southeast Asia production averaged 119,000 boe/d which accounted for 29% of the Company’s production worldwide. As at year-end 2010, Talisman operated approximately 36% of its Southeast Asia production.
In 2011, Talisman plans to spend approximately US$750 million in Southeast Asia, with exploration spending accounting for one-third of the total.
