Talisman forecasts 25 pct lower capital spending in 2013

Wed Mar 6, 2013 7:21am EST
 
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March 6 (Reuters) - Talisman Energy Inc, Canada's No. 6 independent oil producer, said it expects 2013 capital budget to be 25 percent lower that last year.

The company forecast a capital budget of $3 billion for this year, down from $4 billion last year.