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Article: Talisman Energy Reports Organic Production Growth Of 16% Over First Quarter 2003 Cash Flow Of $779 Million.

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Business Wire
Article date:
May 4, 2004
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News Editors

CALGARY, Alberta--(BUSINESS WIRE)--May 4, 2004

Talisman Energy Inc. (NYSE:TLM) (TSX:TLM) today reported its first quarter operating and financial results.

Production averaged 436,000 boe/d in the quarter, an increase of 16% over the first quarter of 2003 (excluding Sudan) and 4% growth over the fourth quarter. The comparable numbers for first quarter 2003 were 430,000 boe/d (including Sudan) and 377,000 boe/d (excluding Sudan).

Cash flow was $779 million ($6.09/share) for the quarter, compared to $845 million ($6.52/share) a year ago. Excluding Sudan, the comparable number for 2003 was $769 million ($5.93/share). Net ...

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