- 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
| Years ended December 31 (millions of C$) | 2010 | 2009 | 2008 |
|---|---|---|---|
| Sales of oil and gas produced net of production costs | (4,834) | (4,280) | (7,562) |
| Net change in prices | 4,635 | 4,901 | (15,881) |
| Net change in transportation costs | (203) | 223 | (73) |
| Net changes in production costs | 402 | (706) | (1,049) |
| Net changes in future development and site restoration costs | (28) | (710) | (842) |
| Development costs incurred during year | 1,651 | 1,677 | 2,066 |
| Extensions, discoveries and improved recovery | 2,049 | 1,062 | 708 |
| Revisions of previous reserves estimates | 700 | 406 | (141) |
| Net purchases | 194 | 17 | 33 |
| Net sales of reserves in place | (919) | (807) | (371) |
| Accretion of discount | 1,132 | 832 | 2,839 |
| Net change in taxes | (2,526) | (1,460) | 9,930 |
| Other | 29 | (82) | 682 |
| Net change | 2,282 | 1,073 | (9,661) |