Talisman Energy Inc. (TLM)

[TLHamand]

Are you looking for a volitile stock?

Check the chart! Not volume motivated. Just wait for the pull backs (.50-1.20 a day) to the runs (same) Then buy or sell accordingly.

[TLHamand]

A mid cap with high enough volume

to move at will. Very tradable!

[TLHamand]

The money is almost free.

Buy in the mid 16's. Follow it with tight stops to mid to low 18's. Repeat as needed!!!!!!!!!!!!!!!!!!!

[TLHamand]

TLM is Manic Depressive Easy Money

This trades from the low 16's to the low 18's. It's easy to chart.

[ByMorStock]

Looking good now!

[EZ2]

I'm here..........but, I'm not IN !!

[grapeman]

Where is everyone. TLm selling assets to IVan and Chinese and nothing being discussed?

[EZ2]

my heart says yes but my head says no ------- can't justify either

[frenchee]

new iBox...

[frenchee]

Talisman Energy Acquires Stake in Tangguh LNG Project
January 28, 2008 9:34 a.m.

CALGARY, ALBERTA--(Marketwire - Jan. 28, 2008) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) announced that one of its subsidiaries has acquired all the shares of CNOOC Wiriagar Overseas Limited from a subsidiary of CNOOC Ltd. for a consideration of US$212.5 million. CNOOC Wiriagar Overseas Limited holds a 3.06% interest in the Tangguh LNG Project. The equity transfer became effective at 12:00 am, Beijing time, on January 1, 2008.

The Tangguh LNG Project, located in West Papua, Indonesia, consists of a number of offshore gas wells, production facilities, pipelines and LNG plant facilities with a nameplate capacity of 7.6 million tons per year. First LNG is expected in late 2008.

"I am pleased with this settlement," said John Manzoni, President and Chief Executive Officer of Talisman. "The purchase marks the end of a longstanding contractual disagreement inherited by both parties. I look forward to further developing our business in the region and building on our relationship with CNOOC Ltd."

Talisman Energy Inc. is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. The Company and its subsidiaries have operations in North America, the North Sea, Southeast Asia and North Africa. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The Company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index. Talisman's shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.

Forward-Looking Information:

This press release contains statements that constitute "forward-looking information" or "forward-looking statements" (collectively "forward-looking information") within the meaning of applicable securities legislation. This forward-looking information includes, among others, statements regarding:

- business strategy and plans or budgets; and

- other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance.

Often, but not always, forward-looking information uses words or phrases such as: "expects", "does not expect" or "is expected", "anticipates" or "does not anticipate", "plans" or "planned", "estimates" or "estimated", "projects" or "projected", "forecasts" or "forecasted", "believes", "intends", "likely", "possible", "probable", "scheduled", "positioned", "goal", "objective" or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Various assumptions were used in drawing the conclusions or making the forecasts and projections contained in the forward-looking information contained in this press release.

Undue reliance should not be placed on forward-looking information. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks, which could cause actual results to vary and in some instances to differ materially from those anticipated by Talisman and described in the forward-looking information contained in this press release. The material risk factors include, but are not limited to:

- the risks of the oil and gas industry, such as operational risks in exploring for, developing and producing crude oil and natural gas, market demand and unpredictable facilities outages;

- risks and uncertainties involving geology of oil and gas deposits;

- the uncertainty of estimates and projections relating to production, costs and expenses;

- potential delays or changes in plans with respect to exploration or development projects or capital expenditures;

- risk that adequate pipeline capacity to transport the gas to market may not be available;

- fluctuations in oil and gas prices, foreign currency exchange rates and interest rates;

- the outcome and effects of any future acquisitions and dispositions;

- the ability of the Company to integrate any assets it may acquire or the performance of those assets;

- risks in conducting foreign operations (for example, political and fiscal instability or the possibility of civil unrest or military action);

- competitive actions of other companies, including increased competition from other oil and gas companies and companies providing alternative sources of energy;

- changes in general economic and business conditions;

- the effect of acts of, or actions against, international terrorism; and

- the possibility that government policies or laws may change or governmental approvals may be delayed or withheld.

Readers are cautioned that the foregoing list of risk factors is not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included in the Company's most recent Annual Information Form and Annual Financial Report. In addition, information is available in the Company's other reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.

Forward-looking information is based on the estimates and opinions of the Company's management at the time the information is released. The Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change, except as required by law.

[frenchee]

Talisman went on a short-term buy signal today...

[EZ2]

geEZ ~~~ I had forgotten about this one!

Still on projection ?

[frenchee]

I'm expecting to see TLM test 18.75 during this correction as it is picking up "mo."

[frenchee]

Bob,

I'm getting a red x for your first graphic in your iBox. What's there?

TIA

[frenchee]

TLM's correction is getting long in the tooth. Plan to cover the short on a positive close inside the lower Bollinger Band. Go long with a close > 5-day EMA...

[frenchee]

Weekly view of TLM. Looks ripe for a consolidation...

[frenchee]

An Energy Stock in Need of an Overhaul
By DIMITRA DEFOTIS

IF TALISMAN ENERGY LIVES UP to its name, it should be a good-luck value charm for portfolios.

While the stock was up roughly 4% Thursday, shares in the Canada-based exploration-and-production company have hit a plateau after a three-year run as Talisman comes to grips with the costs and growth challenges of a sprawling global enterprise.

With its discount valuation, the pressure is mounting for Talisman leaders to break up the company into smaller firms along geographical lines.

Smaller companies would make production growth more obvious and force the market to recognize it.

That may be why activist investor Carl Icahn invested more than $70 million in Talisman in late 2006.

"Talisman has under-recognized assets with unrecognized upside in reserve growth potential in Alaska, Appalachia and Vietnam," says Morgan Stanley analyst Lloyd Byrne. And the stock's downside risk is limited, "with the possible division of the company into pieces."

The stock is trading at a significant discount to other independent E&Ps. And bulls, including Byrne, think the stock could be roughly 20% higher in a year, with a breakup.

At a Glance
Talisman Energy (TLM)

Stock Price: $19.34
52-Wk High: $20.33
52-Wk Low: $14.21
Market Cap: $20.5 billion
Est. 2007 EPS: $1.42 per share
2007 P/E: 13.6x
Est. Long-Term EPS Growth:* 5%
Est. ('07/'06) EPS Growth: 4%
Revenue (trailing 12 months): $6.8 billion
Dividend Yield: 0.70%
CEO: James W. Buckee
Headquarters: Calgary, Canada

* Based on analyst estimates looking ahead three to five years.
Sources: Yahoo! Finance, Thomson First Call, Thomson Financial/Baseline.The company could be divided several ways. Byrne suggests three new companies with sizzle, each with a roughly $14 billion market capitalization, in Canadian dollars.

In his scenario, one company could focus on North American natural-gas exploration; another could combine North Sea assets with smaller, scattered international projects; and a third might have a higher valuation by concentrating on high-growth Asia.

In fact, Talisman is a product of a similar process. It was BP Canada until 1992, when BP sold its stake.

Since then, Talisman has expanded its Canadian and Alaskan production. The company expects to spend about half of its 2007 capital budget, roughly $4.8 billion in Canadian dollars, in North America.

Roughly one-third of its production is in the North Sea and 20% in Asia. There, projects in Malaysia and Vietnam have unrecognized success, according to Byrne.

In all, Talisman has interests in more than 16 countries. About 54% of production is oil and the remainder is natural gas.

But production growth increased a mere 3% last year, or 4.4% per share. The company has said it can increase production between 5% and 10% per share annually.

With its geographic diversity and discount valuation, the breakup thesis has been floating around for some time. Icahn may push more aggressively for it, but a portfolio manager at his New York hedge fund would not comment.

After Icahn rumbled for a breakup of energy giant Kerr-McGee in 2005, it spun off its chemical operations. Anadarko Petroleum -- a Talisman competitor -- purchased Kerr-McGee in 2006 at a nice premium.

Talisman is trading at a significant discount to peers including Anadarko, with a multiple of enterprise value (market capitalization plus debt, minus cash) to earnings before interest, taxes, depreciation and amortization (Ebitda) of 5.1x, according to Thomson Financial/Baseline.

To boost the stock, CEO James Buckee, a peer of retiring BP Chief Executive Lord John Browne, has been emphasizing the sale of noncore assets and using the proceeds to buy back shares.

Talisman spent $958 million in 2006 to buy back about 5% of Talisman's public float. Buybacks should continue, though Buckee said in the fourth-quarter conference call that taking on debt to do so isn't desirable.

And about a breakup, Buckee maintains one company is better for shareholders. He said in the recently filed 2006 annual report that "there are no obvious operating efficiencies from two or three separate companies."

Absent a breakup, growth from existing projects does hold promise. Talisman owns the rights to drill on roughly 950,000 acres in Alaska and winter results are expected soon. Significant oil discoveries would "materially change Talisman's visibility on the next leg of growth," Byrne says.

Production potential in Vietnam and Appalachia is not reflected in the stock, he adds.

"We are very happy to own Talisman because it is undervalued relative to its peers," says Basu Mullick, who owns the stock in the Neuberger Berman Partners Fund.

Other oil and gas exploration-and-production companies are trading at roughly 8.5x trailing cash flow, on average, while Talisman is trading at 6.2x, according to Baseline.

And at 5.1x Ebitda, Talisman looks cheapest among its closest peers, including Anadarko (6.4x), Nexen (6.8x) and Devon Energy (5.7x).

Those discounts could remain for some time if Talisman executives stick to their plan of selling off assets and buying back shares without doing anything more drastic to unlock value.

And a breakup has its risks, since smaller companies would have more limited access to financial markets and would have concentrated oil and gas portfolios where any exploration failure would be magnified.

But one money manager who asked not to be identified points out that with the company selling properties that require higher spending to maintain production, the stock's discount to peers should narrow even without a breakup.

And that, combined with the potential value of Talisman's far-reaching parts, could make Talisman shares an amulet worth seizing at today's cheap price.

[EZ2]

new oil !!


Press Release Source: Talisman Energy Inc.

Talisman Energy Announces Exploration Success in the Buchan Field Area of the North Sea
Thursday October 19, 1:27 pm ET


CALGARY, ALBERTA--(MARKET WIRE)--Oct 19, 2006 -- Talisman Energy (UK) Limited, a wholly owned subsidiary of Talisman Energy Inc. (TSX:TLM.TO - News) (NYSE:TLM - News), has made a new oil discovery in the UK Outer Moray Firth adjacent to the Buchan and Tweedsmuir Fields. The discovery was made in Block 20/5a where Talisman has a 94.43% equity interest with First Oil Expro Ltd. holding the remaining 5.57%.
The 20/5a-10y well successfully tested an exploration prospect about three kilometres north of the Talisman operated Buchan Field and 12 kilometres southwest of the Tweedsmuir South Field where Talisman also holds a 94.43% equity interest. The well was drilled by the Ocean Nomad semi-submersible rig and discovered oil bearing sandstones of Upper Jurassic age.

The well encountered two separate Jurassic sandstone reservoirs and upon testing flowed at a combined rate of 11,000 bbls/d of 39 degree API oil.

Further studies are required before volumes are finalized. The discovery will be evaluated using newly acquired 3D seismic data with a view to evaluating commerciality and possible development options.

Talisman Energy Inc. is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. Talisman has operations in Canada and its subsidiaries operate in the North Sea, Southeast Asia, Australia, North Africa, the United States and Trinidad and Tobago. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The Company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index. Talisman's shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.

Forward-Looking Statements

This news release contains statements that constitute forward-looking statements or forward-looking information (collectively "forward-looking statements") within the meaning of applicable securities legislation. These forward-looking statements include, among others, statements regarding business plans for exploration and development, and business strategy and plans or budgets. Various assumptions were used in drawing the conclusions or making the forecasts and projections contained in the forward-looking statements throughout this news release. Statements which discuss business plans for exploration and development assume that the extraction of crude oil, natural gas and natural gas liquids remains economic.

Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated by Talisman and described in the forward-looking statements. These risks and uncertainties include:

- the risks of the oil and gas industry, such as operational risks in exploring for, developing and producing crude oil and natural gas, and market demand;

- risks and uncertainties involving geology of oil and gas deposits;

- the uncertainty of reserves estimates and reserves life;

- the uncertainty of estimates and projections relating to production, costs and expenses;

- potential delays or changes in plans with respect to exploration or development projects or capital expenditures;

- fluctuations in oil and gas prices, foreign currency exchange rates and interest rates;

- health, safety and environmental risks;

- risks in conducting foreign operations;

- changes in general economic and business conditions;

- the effect of acts of, or actions against, international terrorism;

- the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; and

- the Company's ability to implement its business strategy.

We caution that the foregoing list of risks and uncertainties is not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included: (1) under the heading "Risk Factors" in the Company's Annual Information Form; and (2) under the headings "Management's Discussion and Analysis - Risks and Uncertainties" and "Outlook for 2006" and elsewhere in the Company's 2005 Annual Report Financial Review. Additional information may also be found in the Company's other reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.

Forward-looking statements are based on the estimates and opinions of the Company's management at the time the statements are made. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change except as required by law.

Oil and Gas Information

In this news release, Talisman makes reference to production volumes. Where not otherwise indicated, such production volumes are stated on a gross basis, which means they are stated prior to the deduction of royalties and similar payments. In the U.S., net production volumes are reported after the deduction of these amounts.



Contact:
Contacts:
Talisman Energy Inc.
David Mann, Senior Manager,
Corporate & Investor Communications
[phone]
[phone] (FAX)
Email: [e-mail]

Talisman Energy Inc.
Christopher J. LeGallais
Senior Manager, Investor Relations
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.talisman-energy.com



--------------------------------------------------------------------------------
Source: Talisman Energy Inc.

[EZ2]

Press Release Source: Talisman Energy Inc.

Talisman Energy Drills Prolific Foothills Well
Wednesday October 18, 10:45 am ET


CALGARY, ALBERTA--(MARKET WIRE)--Oct 18, 2006 -- Talisman Energy Inc. (TSX:TLM.TO - News) (NYSE:TLM - News) has drilled another prolific well in the Alberta Foothills. The well tested at a rate of 14 mmcf/d (gross, raw gas). Restricted by surface equipment, the well had an estimated sandface absolute open flow rate potential of 372 mmcf/d and estimated wellhead absolute open flow rate potential of 94 mmcf/d. The well is expected to be tied-in during the second quarter of 2007.
This well was the 54th successful well drilled by Talisman in the Alberta Foothills since 2003. The region is an emerging growth area for Talisman. The Company recently set a new weekly production record of 185 mmcf/d in the Alberta Foothills. Talisman currently has approximately 55 mmcf/d of raw sales gas behind pipe in the region which is in the process of being tied in to the Talisman operated Lynx and Palliser Pipelines, as well as other area facilities.

Talisman has approximately 200 leads in the Alberta Foothills, with approximately 740,000 gross acres of land and estimated prospective resources of three trillion cubic feet of natural gas. Talisman is currently drilling 11 wells in the region and has plans to drill 30 gross wells in 2007.

"This is one of the best wells ever drilled in the Alberta Foothills," said Dr. Jim Buckee, President and Chief Executive Officer. "This latest well continues to demonstrate Talisman's pre-eminent position in the deeper, high deliverability parts of the basin. Our track record, land position, technical skills and Talisman operated infrastructure give us a strong, competitive advantage in the Foothills."

Talisman Energy Inc. is an independent upstream oil and gas company headquartered in Calgary, Alberta, Canada. Talisman has operations in Canada and its subsidiaries operate in the North Sea, Southeast Asia, Australia, North Africa, the United States and Trinidad and Tobago. Talisman's subsidiaries are also active in a number of other international areas. Talisman is committed to conducting its business in an ethically, socially and environmentally responsible manner. The Company is a participant in the United Nations Global Compact and included in the Dow Jones Sustainability (North America) Index. Talisman's shares are listed on the Toronto Stock Exchange in Canada and the New York Stock Exchange in the United States under the symbol TLM.

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements or forward-looking information (collectively "forward-looking statements") within the meaning of applicable securities legislation. These statements include, among others, statements regarding estimated volumes and timing of production, business plans for drilling, development, estimated resources in the Northern Alberta Foothills area and other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance. Often, but not always, forward-looking statements use words or phrases such as: "expects", "does not expect" or "is expected", "anticipates" or "does not anticipate", "plans" or "planned", "estimates" or "estimated", "projects" or "projected", "forecasts" or "forecasted", "believes", "intends", "likely", "possible", "probable", "scheduled", "positioned", "goal", "objective" or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Various assumptions were used in drawing the conclusions or making the forecasts and projections contained in the forward-looking statements throughout this press release. Statements which discuss business plans for drilling and development may be deemed forward-looking statements as they involve the implied assessment that the resources described can be profitably produced in the future, based on certain estimates and assumptions.

Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated by Talisman and described in the forward-looking statements. These risks and uncertainties include:

- the risks of the oil and gas industry, such as operational risks in exploring for, developing and producing crude oil and natural gas, and market demand;

- risks and uncertainties involving geology of oil and gas deposits;

- the uncertainty of reserves estimates and reserves life;

- the uncertainty of estimates and projections relating to production, costs and expenses;

- potential delays or changes in plans with respect to exploration or development projects or capital expenditures;

- fluctuations in oil and gas prices, foreign currency exchange rates and interest rates;

- health, safety and environmental risks;

- uncertainties as to the availability and cost of financing and changes in capital markets;

- changes in general economic and business conditions;

- the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; and

- the Company's ability to implement its business strategy.

We caution that the foregoing list of risks and uncertainties is not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included: (1) under the heading "Risk Factors" in the Company's Annual Information Form; and (2) under the headings "Management's Discussion and Analysis - Risks and Uncertainties" and "Outlook for 2006" and elsewhere in the Company's 2005 Annual Report Financial Review. Additional information may also be found in the Company's other reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission ("SEC").

Forward-looking statements are based on the estimates and opinions of the Company's management at the time the statements are made. Unless material, the Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

Oil and Gas Information

Throughout this press release, Talisman makes reference to production volumes. Where not otherwise indicated, such production volumes are stated on a gross basis, which means they are stated prior to the deduction of royalties and similar payments. In the U.S., net production volumes are reported after the deduction of these amounts. In this press release, Talisman refers to prospective resources, as defined by the Society of Petroleum Engineers/World Petroleum Congress, which are inherently more uncertain than proved reserves and which US oil and gas companies are prohibited from including in reports filed with the SEC.



Contact:
Contacts:
Talisman Energy Inc.
David Mann, Senior Manager,
Corporate & Investor Communications
[phone]
[phone] (FAX)
Email: [e-mail]

Talisman Energy Inc.
Christopher J. LeGallais
Senior Manager, Investor Relations
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.talisman-energy.com



--------------------------------------------------------------------------------
Source: Talisman Energy Inc.

[moneycane]

Ahh. the memories.
http://www.investorideas.com/OGSN/News/Arakis_Energy.asp