Talisman Energy Inc. (TSX: TLM) (NYSE: TLM) has announced changes
to its senior leadership team. Nigel Hares, Executive Vice
President, International Operations (West) and John 't Hart,
Executive Vice President, Exploration are retiring. The Company is
pleased to announce the appointment of Paul Smith and Richard
Herbert, respectively, in these roles. Paul and Richard are
expected to join Talisman towards the end of February and will
report directly to John A. Manzoni, President and CEO.
"Nigel and John have been valued members of the leadership team
at Talisman and we will be sad to see them go," said John A.
Manzoni, President & CEO. "They have both contributed to the
tremendous growth and success of the Company. I am grateful for
their input into the Company's new strategic direction and plans
for 2009. They are leaving their areas in excellent shape and well
positioned to play a significant role in Talisman's future. Their
experience and technical expertise will be missed and I would like
to thank them for their advice and friendship.
"Joining us will be Paul Smith, as the new Executive Vice
President, International Operations (West) and Richard Herbert, as
Executive Vice President, Exploration. Paul and Richard bring world
class expertise in the upstream business and will be valuable
additions to the leadership team."
Paul Smith has an established track record in the upstream
business with commercial, operational, project management and
strategic experience. In his most recent role, he was Upstream Vice
President at TNK-BP, responsible for operations in West Siberia,
with 3,500 employees and production of 450,000 boe/d.
Richard Herbert brings global exploration experience in areas
including Southeast Asia, South America and the North Sea.
Recently, he was a member of the TNK-BP Management Board, holding
the position of Executive Vice President Technology and prior to
that Vice President, Exploration.
Additional information on Mr. Smith and Mr. Herbert can be found
at the end of this release.
Talisman Energy Inc. is an independent upstream oil and gas
company headquartered in Calgary, Alberta, Canada. The Company and
its subsidiaries have operations in North America, the North Sea,
Southeast Asia and North Africa. 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.
Paul Smith
Paul comes to Talisman from TNK-BP, a $40 billion integrated
Russian oil and gas company. Most recently Paul was Upstream Vice
President, responsible for their West Siberia operations, with
production of 450,000 boe/d and 3,500 employees.
He started his career at BP in Aberdeen in 1993, and has held
positions of increasing responsibility in various international
locations, including:
- Project Finance Manager for BP's first joint venture in
China.
- Offshore Installation Manager for the Miller platform in the
UK.
- Vice President & Director, Upstream Projects and later CFO
for BP's Trinidad operations, helping deliver the world's largest
offshore gas pipeline and develop a strategic framework for gas
expansion.
- He returned to Aberdeen in 2003, where he was responsible for
European exploration activity and bringing the $1 billion Clair
facility West of Shetland online.
Paul has an established track record in the upstream business,
with commercial, operational, project management and strategic
experience. He received a BSc (1st Class Honours) in Business
Organisation from Heriot-Watt University.
Richard Herbert
Richard comes to Talisman from TNK-BP, a $40 billion integrated
Russian oil and gas company. Most recently, he was a member of the
TNK-BP Management Board and Executive Vice President, Technology,
providing technology leadership and support including: the
centralized exploration program; seismic and production technology;
evaluation of major new field development projects; and reserves
management.
His career started with Phillips Petroleum in 1980 and he moved
to BP in 1984, before joining TNK-BP in 2003. His extensive global
experience includes:
- Development geologist in West Africa.
- Exploration geologist working on projects in Southeast Asia,
Western Europe and North Africa.
- Project Manager or Team Lead for ventures in Venezuela,
Mexico, Colombia and Angola.
- Performance Unit Leader for the Wytch Farm oilfield in the
UK.
- Transformation Team Leader, Aberdeen, in a special project to
restructure BP's North Sea Business.
- Vice President Exploration, TNK-BP, developing an upstream
renewal strategy, growing exploration additions to over 300 million
barrels per year.
In addition to an impressive track record in many facets of the
exploration business, Richard holds a B.Sc. (1st Class Honours) in
Geology from the University of Bristol.
Contacts: Talisman Energy Inc. - Media and General Inquiries
David Mann, Vice-President, Corporate & Investor Communications
(403) 237-1196 (403) 237-1210 (FAX) Email: tlm@talisman-energy.com
Website: www.talisman-energy.com Talisman Energy Inc. - Shareholder
and Investor Inquiries Christopher J. LeGallais, Vice-President,
Investor Relations (403) 237-1957 (403) 237-1210 (FAX) Email:
tlm@talisman-energy.com Website: www.talisman-energy.com
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