- Talisman 2010 Highlights
- About Our Company
- Financial and Operating Highlights
- President's Message
- Where We Operate
- Looking to 2011
- Management's Discussion and Analysis
- 2010 Performance
- 2010 Net Income Variance
- Continuing Operations Review
- Acquisitions
- Discontinued Operations
- Reserves Replacement
- Liquidity and Capital Resources
- Sensitivities
- Commitments and Off-Balance Sheet Arrangements
- Risk Management
- Summary of Quarterly Results
- Outlook for 2011
- Internal Control Over Financial Reporting and Disclosure Controls and Procedures
- Litigation
- Application of Critical Accounting Policies and Use of Estimates
- Changes in Reporting Conventions
- New US Accounting Pronouncements
- New Regulatory Developments
- International Financial Reporting Standards (IFRS)
- Risk Factors
- Advisories
- Abbreviations and Definitions
- Consolidated Financial Statements
- Report of Management
- Management Report on Internal Control Over Financial Reporting
- Independent Auditors' Report on Internal Controls Under Standards of the Public Company Accounting Oversight Board (United States)
- Independent Auditors' Report of Registered Public Accounting Firm
- Consolidated Balance Sheets
- Consolidated Statements of Income
- Consolidated Statements of Comprehensive Income (Loss)
- Consolidated Statements of Changes in Shareholders' Equity
- Consolidated Statements of Cash Flows
- Notes to the Consolidated Financial Statements
- Supplementary Oil and Gas Information
- Results of Operations from Oil and Gas Producing Activities
- Capitalized Costs Relating to Oil and Gas Activities
- Costs Incurred in Oil and Gas Activities
- Standardized Measure of Discounted Future Net Cash Flows from Proved Reserves
- Discounted Future Net Cash Flows from Proved Reserves
- Principal Sources of Changes in Discounted Cash Flows
- Continuity of Net Proved Reserves 1
- Additional Information
- Detailed Property Reviews
- Governance
- Investor Information
- Corporate Information
- Advisories
- Market Information
| 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|
| Oil and liquids (mmbbls) | |||||
| Opening balance | 531.9 | 544.5 | 749.3 | 766.5 | 736.1 |
| Discoveries, additions and extensions | 33.5 | 29.0 | 36.9 | 29.3 | 80.0 |
| Purchase of reserves | 4.7 | 1.2 | 0.3 | 1.1 | 26.2 |
| Sale of reserves | (19.4) | (53.7) | (19.5) | (18.0) | (15.6) |
| Net revisions and transfers | 27.8 | 87.8 | (140.8) | 58.2 | 34.0 |
| Production | (68.8) | (76.9) | (81.7) | (87.8) | (94.2) |
| Closing balance | 509.7 | 531.9 | 544.5 | 749.3 | 766.5 |
| Natural gas (bcf) | |||||
| Opening balance | 5,272.7 | 5,338.4 | 5,464.2 | 5,402.9 | 5,416.6 |
| Discoveries, additions and extensions | 1,151.7 | 861.7 | 395.3 | 475.7 | 564.1 |
| Purchase of reserves | 83.7 | 24.6 | 18.1 | 251.8 | 3.7 |
| Sale of reserves | (876.4) | (426.6) | (65.3) | (211.3) | (64.7) |
| Net revisions and transfers | 104.3 | (56.9) | (17.6) | 0.2 | (33.8) |
| Production | (499.1) | (468.5) | (456.3) | (455.1) | (483.0) |
| Closing balance | 5,236.9 | 5,272.7 | 5,338.4 | 5,464.2 | 5,402.9 |
| boe (mmboe)2 | |||||
| Opening balance | 1,410.7 | 1,434.3 | 1,659.8 | 1,667.0 | 1,638.8 |
| Discoveries, additions and extensions | 225.5 | 172.6 | 102.8 | 108.5 | 174.1 |
| Purchase of reserves | 18.6 | 5.3 | 3.3 | 43.1 | 26.8 |
| Sale of reserves | (165.5) | (124.8) | (30.3) | (53.2) | (26.4) |
| Net revisions and transfers | 45.2 | 78.3 | (143.5) | 58.1 | 28.4 |
| Production | (152.0) | (155.0) | (157.8) | (163.7) | (174.7) |
| Closing balance | 1,382.5 | 1,410.7 | 1,434.3 | 1,659.8 | 1,667.0 |
- See the notes found in this Annual Report.
- Six mcf of natural gas equals one boe.