CALGARY, Alberta, Nov 3 (Reuters) - Talisman Energy Inc TLM.TO:
* Sees boosting 2009 capital expenditure budget to C$4.5 billion from C$3.6 billion.
* Says increased budget because of accelerated drilling at Marcellus shale, land purchases.
* Expects 2009 production to range between 423,000 and 426,00 barrels per day.
* CEO says may sell “substantial existing production” next year to fund shale drilling. (Reporting by Scott Haggett; editing by Rob Wilson)