Talisman forecasts 25 pct lower capital spending in 2013

March 6 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.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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