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/CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the full year and fourth...
Tourmaline Oil Corp. is pleased to release financial and operating results for the second quarter of 2021. HIGHLIGHTS Second quarter 2021 cash flow of $1.89 per diluted share, record free cash flow of $343.9 million and average production of 410,339 boepd, exceeding the high end of expectations despite challenging operating conditions in June’s heat wave. The updated five-year plan, at current strip pricing … Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to release financial and operating results for the second quarter of 2021. HIGHLIGHTS (1) ...
Tourmaline Oil Corp. is pleased to announce that it has entered into a definitive agreement to acquire privately owned Black Swan Energy Ltd. for a total consideration of approximately $1.1 billion Cdn consisting of 26 million Tourmaline common shares and the assumption of net debt up to a maximum of $350 million including all transaction costs. The transaction is expected to close in the second half of July 2021 ...
Tourmaline Oil Corp. is pleased to announce the completion of a further consolidation of NEBC Montney Assets and a guidance update. NORTH MONTNEY OVERVIEW Tourmaline continues to expand its position in the greater North Montney play area, a strategy that began in late 2016 with the acquisition of the initial Gundy property which is the current anchor of the Company's North Montney complex. With completion of the ...
Tourmaline Delivers Record Production, Cash Flow and Free Cash Flow in Q1 2021 Tourmaline Oil Corp. is pleased to release financial and operating results for the first quarter of 2021. HIGHLIGHTS First quarter cash flow was a record $629.3 million . Tourmaline generated record free cash flow of $233.5 million in the first quarter of 2021, which was utilized to fund the dividend increase announced in the March 10, 2021 year-end press release and to reduce net debt by $153.1 million in the … Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to release financ...