Talisman Energy Budgets $5.2 Billion in Capital Spending for 2010 Major Increase

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Talisman Energy Budgets $5.2 Billion in Capital Spending for 2010 Major Increase

posted on Jan 11, 2010 06:35AM

CALGARY, ALBERTA--(Marketwire - Jan. 11, 2010) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) announced its capital spending plans for 2010. The company expects to increase spending this year, reflecting increases in shale drilling in North America and higher development spending in Southeast Asia and the North Sea. The plan also maintains the company's balance sheet strength and financial flexibility, while transitioning to long-term, profitable growth.

http://cnrp.ccnmatthews.com/client/talisman_energy/release.jsp?actionFor=1099559&year=2010&releaseSeq=0&disclaimer=&disclaimer=1

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