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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (9688)	3/5/2003 12:30:53 PM
From: LARRY LARSON	Respond to of 24899

Reuters Talisman CEO sees 10 pct output increase in 2004 Wednesday March 5, 12:00 pm ET CALGARY, Alberta, March 5 (Reuters) - Talisman Energy Inc. (Toronto:TLM.TO - News) expects to boost production at least 10 percent a share in 2004 after a gain of more than 5 percent this year, excluding output from its soon-to-be-sold Sudan interest, its chief executive said on Wednesday. Canada's second-largest oil explorer and producer is on track to pump out as much as 445,000 barrels of oil equivalent a day by the end of 2003, a level it had forecast for an average this year before announcing the $758 million sale of its Sudan assets, chief executive Jim Buckee told analysts in a conference call. Buckee said Talisman was beefing up exploration this year and could also consider asset acquisitions in its main operating areas.