Profile: Tourmaline Oil Corp (TOU.TO)
TOU.TO on Toronto Stock Exchange
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Tourmaline Oil Corp. (Tourmaline) is an intermediate crude oil and natural gas exploration and production company focused on exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin (WCSB). Tourmaline's two areas include an area within the WCSB approximately 250 kilometers west of Edmonton, Alberta (the Alberta Deep Basin) and an area within the WCSB extending from Grande Prairie, Alberta to approximately 30 kilometers southwest of Fort St. John, NEBC (the Greater Peace River High). During the year ended December 31, 2011, in the Alberta Deep Basin, Tourmaline drilled 52 gross natural gas wells. As of December 31, 2011, in the Greater Peace River High, Tourmaline had drilled 41 Montney multi-stage fracture stimulated horizontal natural gas wells, 20 Charlie Lake horizontal oil wells and one vertical oil well. On July 12, 2011, Tourmaline acquired Cinch Energy Corp.
Tourmaline Oil Corp
Suite 3700, 250 6th Avenue S.W
CALGARY AB T2P 3H7