TORONTO (Standard & Poor's CreditWire) Feb. 2, 2001--Standard & Poor's today revised its outlook on Talisman Energy Inc. to positive from stable. At the same time, Standard & Poor's announced its triple-'B'-plus harmonized corporate credit and senior unsecured debt ratings, and its triple-'B'-minus harmonized preferred securities rating on the company. On Oct. 31, 2000, Standard & Poor's and the Canadian Bond Rating Service (CBRS) announced that they have combined operations in Canada. A process is underway to harmonize all ratings assigned by CBRS with the Standard & Poor's framework, which includes the translation of all ratings onto the Standard & Poor's ratings scale. The ratings announced today are expressed on Standard & Poor's global ratings scale. Going forward, all new