Talisman plans to 'live within its means' in new era

Fast tracking: DNO’s executive chairman Bijan Mossavar-Rahmani

ELIN HOYLAND/DN

By Tonya Zelinsky Toronto Canada

 13 December 2012 23:59 GMT

A new strategy for Canadian player Talisman Energy will see spending cut by C$1 billion (US$1.01 billion) and could mean divesting as much as two major plays in North America so it can focus on near-term growth and cash flow.

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