Talisman Energy posts loss as production falls

Wed May 1, 2013 5:11am EDT
 
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May 1 (Reuters) - Canadian oil and gas company Talisman Energy Inc reported a first-quarter loss as production fell 19 percent.

The company, which is selling assets and refocusing operations to deal with low natural-gas prices, posted a net loss of $213 million, or 21 cents per share, compared with a profit of $291 million, or 28 cents per share, a year earlier.