February 15, 2012 / 10:44 AM / 6 years ago

CORRECTED-UPDATE 1-Talisman Energy's 4th-qtr loss narrows

Feb 15 (Reuters) - Talisman Energy posted a narrower fourth-quarter loss, and Canada’s No. 6 independent oil explorer by market value said it expects underlying production growth this year to be flat to 5 percent higher.

The company, which has said it is cutting back on natural gas spending to cope with weak prices, posted a loss of $117 million, or 11 cents a share, compared with a year-ago loss of $350 million, or 34 cents a share.

Talisman shares closed at C$12.52 on the Toronto Stock Exchange on Tuesday.

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