Tourmaline Oil Corp. (TSX) has announced a significant strategic move with the acquisition of Crew Energy Inc. for approximately $1.3 billion. T
Tourmaline Expands Montney Presence with $1.3 Billion Acquisition of Crew Energy Inc.
Tourmaline-Backed LNG Group Files for Environmental Permits
A group of Canada’s largest natural gas producers including Tourmaline Oil Corp. and Ovintiv Inc. is pushing forward with a gas-export project called Ksi Lisims LNG and has filed for environmental approval for the 12 million-metric-ton-a-year facility on the West Coast.
Tourmaline Oil announces deal to buy Bonavista Energy worth $1.45 billion
Tourmaline Oil Corp. announced an agreement Monday to buy Bonavista Energy Corp. in a deal worth $1.45 billion.
TOURMALINE DELIVERS STRONG CASH FLOW AND FREE CASH FLOW IN Q3 2022
Tourmaline is currently operating 13 rigs across the three EP complexes. The Company drilled 86 net wells and completed 75 net wells in the third quarter of 2022.
TOURMALINE INCREASES 2023 CASH FLOW GUIDANCE
Tourmaline Oil cash flow has been increased to $6.58 billion, up 28% from previous guidance of $5.14 billion.
TOURMALINE RECORD CASH FLOW Q1 2022
Tourmaline Oil Corp. First quarter 2022 production average was a record 507,059 boepd, within the guidance range of 500,000-510,000 boepd
Tourmaline Oil earns nearly half of record $2B of 2021 profit in 4th quarter
Tourmaline Oil Corp. says it earned nearly half of its $2 billion net profit last year in the final quarter of 2021.
TOURMALINE 2022 APPROVED BUDGET
Tourmaline Oil 2022 capital budget of $1.125 billion is expected to deliver average production of 500,000-510,000 boepd. Download drilling report.
Tourmaline Oil Q3 2021 Results
Tourmaline Oil Corp. Q3 2021 results production 485,000 – 490,000 boepd and cash flow was $761.3 million
Tourmaline Inks 15-Year Gas Supply Deal Cheniere (LNG)
Corpus Christi Liquefaction Stage III, LLC, a subsidiary of Cheniere Energy, Inc. LNG, recently signed a long-term gas supply agreement (GSA) with Tourmaline Oil Marketing Corp., a unit of Tourmaline Oil Corp., Canada’s largest natural gas producer.
