from the Talisman NR of 5/20.....tobics for NY
3. New Growth Opportunities
Determine unconventional potential in NAO
- Talisman has built a large (2.5 million net acre) unconventional land base.
- Focus areas are: Outer Foothills, Montney, Bakken, Appalachia and Quebec.
- The Company plans to spend $800-900 million on unconventional development projects over the next 18 months.
- An additional $300-400 million is planned for unconventional pilots over the same period.
- A total of 240-290 wells could be drilled as part of these programs.