-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VdfQFirc122HLNMa7WNHFXAoLHNKjqBfnx1iGk7siQuYtXRc8Ke0IenZ0osBSaOu EYdPioeY0rA9R7JOH6d6xw== 0000201283-07-000006.txt : 20070206 0000201283-07-000006.hdr.sgml : 20070206 20070205173610 ACCESSION NUMBER: 0000201283-07-000006 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20070205 FILED AS OF DATE: 20070206 DATE AS OF CHANGE: 20070205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TALISMAN ENERGY INC CENTRAL INDEX KEY: 0000201283 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06665 FILM NUMBER: 07581733 BUSINESS ADDRESS: STREET 1: 888 3RD STREET SW SUITE 3400 STREET 2: CALGARY CITY: ALBERTA CANADA STATE: A0 ZIP: T2P 5C5 BUSINESS PHONE: 4032371234 MAIL ADDRESS: STREET 1: 888 3RD STREET SW SUITE 3400 STREET 2: CALGARY CITY: ALBERTA CANADA STATE: A0 ZIP: T2P 5C5 FORMER COMPANY: FORMER CONFORMED NAME: BOW VALLEY ENERGY INC DATE OF NAME CHANGE: 19930525 6-K 1 form6kteipr05-07.htm FORM 6K - PRESS RELEASE Form 6K - Press Release
FORM 6-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934


Date: February 5, 2007


TALISMAN ENERGY INC.
Commission File No. 1-6665
[Translation of registrant's name into English]


3400, 888 - 3rd Street S.W.,
Calgary, Alberta, Canada, T2P 5C5
[Address of principal executive offices]



Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F                               Form 40-F     P 


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1):                     .

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):                    .
 
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [ ]  No [ü]

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82 - :                   .

This Report on Form 6-K incorporates by reference the exhibit attached hereto which was filed by Talisman Energy Inc. with the Canadian Securities Commissions (the “Commissions”) on the date specified in the exhibit list.


Exhibit Title

99.1  
News Release - Talisman Energy Inc. - February 5, 2007 - Talisman Energy Successful In North Sea Licensing Rounds
 



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


TALISMAN ENERGY INC.
[Registrant]


Date: February 5, 2007
By:
LESLIE A. LAWSON
   
Leslie A. Lawson
   
Assistant Corporate Secretary

EX-99.1 2 teipr05-07.htm PRESS RELEASE - TEI SUCCESSFUL IN NORTH SEA LICENSING ROUNDS Press Release - TEI Successful In North Sea Licensing Rounds
N E W S R E L E A S E
 

TALISMAN ENERGY SUCCESSFUL IN NORTH SEA LICENSING ROUNDS

Calgary, Alberta - February 5, 2007 - Talisman Energy (UK) Limited, a wholly owned subsidiary of Talisman Energy Inc., has been awarded all 10 blocks it applied for in the recently announced 24th License Round awards. These awards represent strategic additions to Talisman’s existing core area license holdings in the Central North Sea area and further advance Talisman’s frontier exploration acreage position in the Atlantic margin region. In addition, Talisman Energy Norge AS, also a wholly owned subsidiary of Talisman Energy Inc., was recently awarded two licenses in the Awards in Predefined Areas 2006 (APA2006) round in Norway.

"I am pleased that Talisman was able to obtain the blocks we applied for in the recent North Sea licensing rounds," said Dr. Jim Buckee, President and Chief Executive Officer. "We see a lot of running room in the North Sea, as evidenced by Talisman's nine field developments currently underway in the UK and two in Norway. These awards provide Talisman with a nice mixture of new, near field exploration targets within subsea tie-back distance in the UK, a Norwegian block with significant shallow water natural gas potential, as well as higher risk, higher reward frontier acreage west of Shetlands."

UK 24th Licensing Round:

Block 16/16 and 22/23c, awarded to Talisman (100%) as operator, are traditional exploration licenses adjacent to Talisman’s existing core areas in the Montrose-Arbroath and Balmoral field areas. These awards are expected to provide targets for near field, low risk exploration within subsea tie-back distance of existing infrastructure.

Blocks 205/12, 205/13, 205/16b and 205/17, awarded to Talisman (90%) as operator, are adjacent to Talisman’s existing frontier license holdings awarded in the 23rd License Round. These blocks provide opportunities for medium to large exploration targets in an area of existing and developing infrastructure.

Blocks 214/2, 214/3, 214/4b and 216/28, awarded to Talisman (20%), lie in the deeper water area of the Atlantic margin, adjacent to existing acreage and provide higher risk/high reward opportunities.

Norwegian APA2006 Round:

License PL316b, awarded to Talisman (70%) as operator, is an extension to the existing Yme license (PL316) where Talisman has recently announced plans to redevelop the field.

License PL402, which covers five blocks and part blocks awarded to Talisman (80%) as operator, provides an opportunity for significant deep gas exploration potential. The blocks are in shallow water and close to large European gas markets.




Talisman 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 North Sea, Southeast Asia, Australia, North Africa, the United States and Trinidad and Tobago. 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:

David Mann, Senior Manager, Corporate   Christopher J. LeGallais
& Investor Communications    Senior Manager, Investor Relations
Phone: 403-237-1196 Fax: 403-237-1210  Phone: 403-237-1957 Fax: 403-237-1210
E-mail: tlm@talisman-energy.com   Email:  tlm@talisman-energy.com

05-07

Forward-Looking Statements

This news release contains statements that constitute forward-looking statements or forward-looking information (collectively “forward-looking statements”) within the meaning of applicable securities legislation. These forward-looking statements include, among others, statements regarding: business strategy and plans for drilling, exploration and development of the recently awarded North Sea blocks; production potential from such blocks; ongoing development of infrastructure in the area; plans to redevelop the Yme field; and other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance.

Often, but not always, forward-looking statements use words or phrases such as: “expects”, “does not expect” or “is expected”, “anticipates” or “does not anticipate”, “plans” or “planned”, “estimates” or “estimated”, “projects” or “projected”, “forecasts” or “forecasted”, “believes”, “intends”, “likely”, “possible”, “probable”, “scheduled”, “positioned”, “goal”, “objective” or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

Various assumptions were used in drawing the conclusions or making the forecasts and projections contained in the forward-looking statements throughout this news release. Statements which discuss business plans for drilling, exploration and development assume that the extraction of crude oil, natural gas and natural gas liquids remains economic.

Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated by Talisman and described in the forward-looking statements. These risks and uncertainties include:

the possibility that the work program and other terms and conditions applicable to one or more of the licenses awarded may not be commercially acceptable to Talisman;
the risks of the oil and gas industry, such as operational risks in exploring for, developing and producing crude oil and natural gas, and market demand;
risks and uncertainties involving geology of oil and gas deposits;
     the uncertainty of reserves estimates and reserves life;
the uncertainty of estimates and projections relating to production, costs and expenses;
potential delays or changes in plans with respect to exploration or development projects or capital expenditures;
fluctuations in oil and gas prices, foreign currency exchange rates and interest rates;
health, safety and environmental risks;
uncertainties as to the availability and cost of financing and changes in capital markets;
     changes in general economic and business conditions;
the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; and
the Company’s ability to implement its business strategy.

We caution that the foregoing list of risks and uncertainties is not exhaustive. Additional information on these and other factors which could affect the Company’s operations or financial results are included: (1) under the heading “Risk Factors” in the Company’s Annual Information Form; and (2) under the headings “Management’s Discussion and Analysis - Risks and Uncertainties” and “Outlook for 2006” and elsewhere in the Company’s 2005 Annual Report Financial Review. Additional information may also be found in the Company’s other reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.

Forward-looking statements are based on the estimates and opinions of the Company’s management at the time the statements are made. The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change except as required by law.

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