- 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
The following abbreviations and definitions are used in this document
- AcSB
- Canadian Accounting Standards Board
- AIF
- Annual Information Form
- bbl
- barrel
- bbls
- barrels
- bbls/d
- barrels per day
- bcf
- billion cubic feet
- boe
- barrels of oil equivalent
- boe/d
- barrels of oil equivalent per day
- C$ or $
- Canadian dollar
- CICA
- Canadian Institute of Chartered Accountants
- CO2
- Carbon dioxide
- EU
- European Union
- FASB
- Financial Accounting Standards Board
- FSO
- Floating Storage and Offloading vessel
- GAAP
- Generally Accepted Accounting Principles
- GJ
- Gigajoule
- HSSE
- Health, Safety, Security and Environment
- ICE
- Intercontinental Exchange
- IFRS
- International Financial Reporting Standards
- LIBOR
- London Interbank Offered Rate
- LNG
- Liquefied Natural Gas
- mbbls/d
- thousand barrels per day
- mboe/d
- thousand barrels of oil equivalent per day
- mcf
- thousand cubic feet
- mmbbls
- million barrels
- mmboe
- million barrels of oil equivalent
- mmbtu
- million British thermal units
- mmcf/d
- million cubic feet per day
- NGL
- Natural Gas Liquids
- NI
- National Instrument
- NOK
- Norwegian Kroner
- NYMEX
- New York Mercantile Exchange
- OA
- Operational Assurance
- OPEC
- Organization of Petroleum Exporting Countries
- PRT
- Petroleum Revenue Tax
- PNG
- Papua New Guinea
- PGN
- PT Perusahaan Gas Negara (Persero) Tbk
- PSC
- Production Sharing Contract
- PSU
- Performance share unit
- SEC
- US Securities and Exchange Commission
- tcf
- trillion cubic feet
- UK
- United Kingdom
- UK£
- Pound sterling
- US
- United States of America
- US$
- United States dollar
- WTI
- West Texas Intermediate
Gross acres means the total number of acres in which Talisman has a working interest. Net acres means the sum of the fractional working interests owned in gross acres expressed as whole numbers and fractions thereof.
Gross production means Talisman’s interest in production volumes (through working interests and royalty interests) before the deduction of royalties. Net production means Talisman’s interest in production volumes after deduction of royalties payable by Talisman.
Gross wells means the total number of wells in which the Company has a working interest. Net wells means the sum of the fractional working interests owned in gross wells expressed as whole numbers and fractions thereof.
Conversion and equivalency factors
| Imperial | Metric | |
|---|---|---|
| 1 ton | = | 0.907 tonnes |
| 1 acre | = | 0.40 hectares |
| 1 barrel | = | 0.159 cubic metres |
| 1 cubic foot | = | 0.0282 cubic metres |