President and CEO - John A Manzoni "Talisman's 2010 international exploration program has been weighted towards land and seismic acquisitions to prepare for a higher number of exploration wells in 2011. We have initiated a major seismic program in Papua New Guinea, where we expect to drill our first onshore well in the third quarter. We acquired additional acreage in Colombia and drilled the first of six planned stratigraphic wells in Block CPE-6, confirming the presence of oil"
"In Papua New Guinea, the company is undertaking a major seismic survey in preparation for drilling later this year."
NGE Price at posting:
13.5¢ Sentiment: None Disclosure: Held
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