Monday, November 3, 2008

NEWS RELEASE TRANSMITTED BY Marketwire FOR: TALISMAN ENERGY INC.Talisman Energy Inc. Conference Call SEP 24, 2008 - 13:42 ET CALGARY, ALBERTA--

(Marketwire - Sept. 24, 2008) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) has scheduled a telephone conference call for investors, analysts and media on Tuesday, November 4, 2008 at 11:00 a.m. MST (1:00 p.m. EST) to discuss Talisman's third quarter results. Participants will include John A. Manzoni,

President and Chief Executive Officer and members of senior management. Talisman expects to release its third quarter results the morning of November 4 before markets open.To participate in the conference call, please contact the Talisman Energy conference operator at 10:50 a.m. MST (12:50 p.m. EST), 10 minutes prior to the conference call.

Conference Operator Dial in Numbers:1-800-733-7560 (North America) or1-416-915-5761 (Local Toronto & International)

A replay of the conference call will be available at approximately 2:30 p.m. MST on Tuesday, November 4 until 11:59 p.m. Wednesday, November 12, 2008. If you wish to access this replay, please call:


1-877-289-8525 (North America) passcode 21283303# or1-416-640-1917 (Local Toronto & International) passcode 21283303#
Live Internet Audio BroadcastThe conference call will also be broadcast live on the Internet and can be accessed by going to the Talisman website (www.talisman-energy.com) and following the links from the home page. Alternatively, you can point your browser to: http://w.on24.com/r.htm?e=120656&s=1&k=03030004A018B11F30E176FD88777A31Talisman 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 UK, Norway, Southeast Asia, North Africa and the United States. 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. FOR FURTHER INFORMATION PLEASE CONTACT:Talisman Energy Inc. - Media and General InquiriesDavid Mann, Vice President,Corporate & Investor Communications(403) 237-1196(403) 237-1210 (FAX)Email: tlm@talisman-energy.comWebsite: www.talisman-energy.comorTalisman Energy Inc. - Shareholder and Investor InquiriesChristopher J. LeGallais, Vice President,Investor Relations(403) 237-1957(403) 237-1210 (FAX)Email: tlm@talisman-energy.comWebsite: www.talisman-energy.com

Post says Talisman seen gaining

Post says Talisman, Nexen, Cdn Oil Sands seen gaining
2008-10-21 09:28 ET - In the News
Also In the News (C-COS) Canadian Oil Sands Trust (2)Also In the News (C-NXY) Nexen Inc

The Financial Post reports in its Tuesday edition that oil companies start reporting their third-quarter results today. The Post's Carrie Tait writes that third-quarter results in the oil patch may not be entirely painful. Kam Sandhar, an analyst at Peters & Co., said quarter-over-quarter production growth for the integrated oil producers will be "slightly positive."

As for domestic large cap companies, Mr. Sandhar said: "From a cash flow perspective, Canadian Oil Sands Trust, Nexen Inc. and Talisman Energy Inc. are the only three entities expected to show per share growth at 26%, 9% and 1%, respectively," he told clients in a note. Oil closed at $74.25 (U.S.), up $2.40 (U.S.) on the day -- above last week's low of $67 (U.S.) but well down from the peak of $147 (U.S.) per barrel in July.

This time around, capital expenditure plans will be under the microscope. Budgets may still be undergoing finishing touches. Analysts say that during this reporting round, capital expenditure plans will be under the microscope in an environment of plunging oil prices and with credit and equity markets in disarray.

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