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Abstract
(CCNMatthews - March 12, 2007) - Talisman (Corridor) Ltd. (Talisman), a wholly owned subsidiary of Talisman Energy Inc. (TSX:TLM) (NYSE:TLM), has started up its most successful well to date in Indonesia. The recently completed Suban 10 well is on production, constrained to 150 mmcf/d (gross sales gas), with a flowing wellhead pressure of 1,250 psi.
Talisman Energy Inc. is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. Talisman has operations in Canada and its subsidiaries operate in the North Sea, Southeast Asia, Australia, North Africa, the United States and Trinidad and Tobago. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The Company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index. Talisman's shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.
This news release contains statements that constitute forward-looking statements or forward-looking information (collectively "forward-looking statements") within the meaning of applicable securities legislation. These forward-looking statements include, among others, statements regarding: estimates of projected production growth and increased field deliverability over the upcoming years; further potential Suban facility upgrades; gas to be sold to PGN under contract; gas deliverability on existing and new pipelines; new pipeline construction; business strategy and plans for further drilling, exploration and development and estimated timing; developing a large scale domestic gas market in Western Indonesia; and other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance.