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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.

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