Tourmaline is pleased to announce that in connection with its previously announced bought-deal financing, Tourmaline and the syndicate of underwriters led by Peters & Co. Limited and including Scotia Capital Inc., FirstEnergy Capital Corp., CIBC World Markets Inc., National Bank Financial Inc., TD Securities Inc. and RBC Capital Markets have agreed to increase the size of the financing. Tourmaline will now issue 3,000,000 [...]
Tourmaline Oil is pleased to announce that it has entered into a bought-deal financing with a syndicate of underwriters led by Peters & Co. Limited and including Scotia Capital Inc., FirstEnergy Capital Corp., CIBC World Markets Inc., National Bank Financial Inc., TD Securities Inc. and RBC Capital Markets. Tourmaline will issue 2,500,000 common shares ("Common Shares") at a price of $41.75 per Common Share for gross [...]
CALGARY, ALBERTA--(Marketwired - Sep 9, 2013) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce: The 100,000 boepd 2013 production exit volume is expected to be reached and exceeded during the fourth quarter. 2014 production guidance increased to between 116,000 and 120,000 boepd. The Company continues to successfully delineate and expand the major new light oil resource play in the [...]
CALGARY, ALBERTA--(Marketwired - Aug 7, 2013) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce results for the three and six months ended June 30, 2013 and provide an update on its 2013 EP program. Q2 2013 Highlights Record quarterly production of 70,178 boepd, a 38% increase over second quarter of 2012. Second quarter 2013 earnings of $30.0 million, a 2,865% increase over second [...]
CALGARY, ALBERTA--(Marketwired - Jul 4, 2013) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that the Spirit River Charlie Lake oil and gas pool has evolved into a major new hybrid resource play with...
CALGARY, ALBERTA -- (Marketwired) -- 06/06/13 -- Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") is pleased to announce that the nominees listed in the management proxy circular dated April 30, 2013 were elected as directors of Tourmaline. The detailed results of the vote for the election of directors held at its annual meeting of shareholders on June 5, 2013 in Calgary, Alberta are set out below.
CALGARY, ALBERTA -- (Marketwired) -- 05/08/13 -- Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce results for the three months ended March 31, 2013 and provide an update on its 2013 EP program.
Q1 2013 Highlights
-- Production for the first quarter of 2013 averaged 68,636 boepd - a 47% increase over Q1 2012 and a 20% increase over the fourth quarter of 2012.
CALGARY, ALBERTA -- (Marketwire) -- 03/19/13 -- Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (69%), production (64%) and cash flow(1) (16%) in 2012 while delivering strong profitability in a year of significantly lower natural gas prices. The Company posted strong after-tax earnings of $15.5 million for the 2012 fiscal year.
CALGARY, March 12, 2013 /CNW/ - Notification of live webcast event:TOURMALINE OIL CORP. (TSX: TOU)Live webcast presentationWednesday, March 13, 8:05 AM ET (6:05 AM MT)To listen and view this online event, please visit:http://jetslides.tv/lobby/852 The presentation will be available in an archived format at this link for 60 days following the live presentation.SOURCE Tourmaline Oil Corp. For more information on the [...]
Tourmaline Oil is pleased to announce that in connection with its previously announced bought-deal financing, Tourmaline and the syndicate of underwriters led by Peters & Co. Limited and including Scotia Capital Inc., FirstEnergy Capital Corp., CIBC World Markets Inc., National Bank Financial Inc., TD Securities Inc., Stifel Nicolaus Canada Inc., and RBC Capital Markets have agreed to increase the size of the financing [...]
Tourmaline Oil is pleased to announce that it is increasing 2013 average production guidance to 80,000 boepd from the original target of 75,000 boepd. The production increase is a direct result of Tourmaline's continued success in the ongoing EP program in the Alberta Deep Basin, NEBC Montney and Spirit River, Alberta core areas. The 2013 capital program has been increased to $740 million from the original 2013 budget of [...]
CALGARY, ALBERTA -- (Marketwire) -- 02/12/13 -- Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide the following operations and financial update and highlights from its year-end 2012 independent reserve evaluation.
Reserve Highlights
-- Total year-end 2012 Proved plus Probable (2P) reserves of 438.0 mmboe after only four full years of operation. -- Total 2P reserve additions [...]
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