Hal Kvisle, the company's chief executive, said on a conference call he sees the potential benefits of splitting Talisman's business in Asia and the Americas, but the company would continue the restructuring it began a year ago as it continues to evaluate all its options.

"Splitting the company is only valid if the two companies that arise from the split are strong and viable stand-alone entities," Kvisle said. "A split, or a variation like a spin-out of one part of our business, would be challenging to execute today."

(Reporting by Scott Haggett; Editing by Gerald E. McCormick)