Exhibit 1

Transactions sorted by : Insider
Issuer name : talisman energy ( Starts with )
Filing date range : December 8, 2004 - December 8, 2004

Issuer name: Talisman Energy Inc.

Legend: O - Original transaction, A - First amendment to transaction, A' - Second amendment to transaction, AP - Amendment to paper filing, etc.

Insider's Relationship to Issuer: 1 - Issuer, 2 - Subsidiary of Issuer, 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer, 6 - Director or Senior Officer of 10% Security Holder, 7 - Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6), 8 - Deemed Insider - 6 Months before becoming Insider.

Warning:

The closing balance of the " equivalent number or value of underlying securities" reflects the" total number or value of underlying securities" to which the derivative contracts held by the insider relate. This disclosure does not mean and should not be taken to indicate that the underlying securities have, in fact, been acquired or disposed of by the insider.

Transaction ID

Date of transaction YYYY-MM-DD

Date of filing YYYY-MM-DD

Ownership type (and registered holder, if applicable)

Nature of transaction

Number or value acquired or disposed of

Unit price or exercise price

Closing balance

Insider's calculated balance

Conversion or exercise price

Date of expiry or maturity YYYY-MM-DD

Underlying security designation

Equivalent number or value of underlying securities acquired or disposed of

Closing balance of equivalent number or value of underlying securities

Insider name: TALISMAN ENERGY INC.

Insider's Relationship to Issuer: 1 - Issuer

Security designation: Common Shares

366807 2004-11-05 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +238,000 31.9879 238,000

366814 2004-11-08 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +262,000 31.0258 500,000

366817 2004-11-09 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +250,000 30.8314 750,000

366821 2004-11-10 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +342,300 30.9555 1,092,300

366825 2004-11-11 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +300,000 30.9620 1,392,300

366839 2004-11-12 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +274,800 31.4529 1,667,100

366875 2004-11-15 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +400,000 30.6542 2,067,100

366883 2004-11-16 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +300,000 30.5194 2,367,100

366899 2004-11-17 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +300,000 30.5971 2,667,100

366905 2004-11-18 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +300,000 30.9781 2,967,100

366923 2004-11-19 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +300,000 31.0911 3,267,100

366931 2004-11-22 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +327,500 30.9785 3,594,600

366935 2004-11-24 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +150,300 32.5256 3,744,900

366947 2004-11-26 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +300,000 33.6038 4,044,900

366967 2004-11-29 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +400,000 33.5417 4,444,900

367000 2004-11-30 2004-12-08 Direct Ownership : 10 - Acquisition or disposition in the public market +259,500 33.2722 4,704,400

367019 2004-12-01 2004-12-08 Direct Ownership : 38 - Redemption, retraction, cancellation, repurchase -3,744,900 959,500