Canadian upstream company Talisman Energy Inc. plans to spend a record C$2.35 billion on exploration and development in 2004 and has reconfirmed its annual production growth expectations of 5-10% per share through 2006. (US$1=C$1.3). The company estimates that production will average between 415,000-445,000 boe/d in 2004. Cash flow per share is expected to average between…

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