Talisman Energy Turns on the Taps in Norway

Talisman Energy Norge has started production from two prolific oil wells in the Gyda and Brage fields in the Norwegian sector of the North Sea. Combined initial gross production from the two wells is approximately 24,000 bbls/d (approximately 10,900 bbls/d net to Talisman).

The Gyda 2/1-A-02A well was drilled as a sidetrack from the A-02H well to a crestal location within the Upper Jurassic Ula formation. Talisman is operator and has a 61% interest in this well. The well came onstream mid-April and is currently producing 10,200 bbls/d of 42 degrees API dry oil (gross). The Company plans to drill two additional Gyda infill wells in 2007.

The second well, Brage 31/4-A-16B, was drilled to the Statfjord formation in early April and is producing at gross oil rates of 13,900 bbls/d. Talisman has a 33.84% interest in this non-operated well. The well is part of an infill drilling campaign initiated in November 2006 after several years of no drilling activities in the field. Three additional wells are planned for 2007.

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