CALGARY, Nov. 14, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce strong financial and operating results for the third quarter of 2016. HIGHLIGHTS Third quarter 2016 earnings of $24.7 million, underscoring the profitability of Tourmaline's three core resource plays. Third quarter 2016 cash flow(1) of $185.5 million, a 38% increase from second quarter of 2016. Record low [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./ CALGARY, Nov. 10, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has closed its public offering of 3,309,700 subscription receipts ("Subscription Receipts") at a price of $34.75 per Subscription Receipt, which includes [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./ CALGARY, Oct. 20, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has entered into an agreement with Shell Canada Energy ("Shell Canada") to acquire strategic assets located in the Alberta Deep Basin (the "Deep Basin [...]
CALGARY, Aug. 3, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the second quarter of 2016. Highlights First half 2016 average production of 190,820 boepd, within the full-year 2016 guidance range of 190,000-195,000 boepd and a 33% increase over 1H 2015. Record second quarter operating costs of $3.41/boe, down 17% from Q2 2015 [...]
CALGARY, AB--(Marketwired - June 15, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide an operations and financial update. EP UPDATE During the third quarter, Tourmaline plans to run five to six rigs in the Alberta Deep Basin, two to three rigs for the Peace River Charlie Lake oil play and one rig in the B.C Montney gas-condensate complex. Third quarter EP activity will focus [...]
CALGARY, AB--(Marketwired - June 09, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") is pleased to announce that the nominees listed in its information circular dated April 25, 2016 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 8, 2016 in Calgary, Alberta are set out below. Election of Directors On a vote by [...]
CALGARY, AB--(Marketwired - May 04, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the first quarter of 2016. HIGHLIGHTS Record daily production of 195,828 boepd, a 36% increase over Q1 2015 and a 9% increase over the previous quarter. Q1 2016 operating costs of $3.70 boepd were down 21% year-over-year and 13% quarter-over-quarter [...]
CALGARY, ALBERTA--(Marketwired - April 5, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has closed its public offering of 10,350,000 common shares at a price of $27.11 per share, which [...]
CALGARY, ALBERTA--(Marketwired - March 15, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that in connection with its previously announced bought-deal financing, Tourmaline and the syndicate [...]
CALGARY, ALBERTA--(Marketwired - March 14, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has entered into a bought-deal financing with a syndicate of underwriters led by Peters & Co [...]
CALGARY, AB--(Marketwired - March 07, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (30%) and production (37%) in 2015 while delivering strong profitability. HIGHLIGHTS Q4 earnings after tax of $34.6 million ($0.16/diluted share), re-emphasizing the fundamental profitability of Tourmaline's EP business even in a very low commodity price environment. Full [...]
CALGARY, AB--(Marketwired - February 22, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") enjoyed another record year of material, profitable reserve additions with ever-improving efficiencies. HIGHLIGHTS Proved plus probable reserves ("2P") increased to 1,108.3 mmboe during 2015, a 30% increase over 2014 reserves of 855.8 mmboe and a 36% increase (22% per diluted share) before taking into account [...]