Profile: Tourmaline Oil Corp (TOU.TO)

TOU.TO on Toronto Stock Exchange

19 Dec 2014
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$1.90 (+4.76%)
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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). Tourmaline has ownership interests in six natural gas plants in the Alberta Deep Basin, five of which, the Wild River 14-20 plant (100% owned), the Hinton 6-32 gas plant (100% owned), the Minehead 15-12 plant (100% owned), the Anderson 1-9 plant (100% owned) and the Musreau 8-13 plant (100% owned), are operated by Tourmaline. The properties cover approximately 300,000 gross acres. In April 2014, Tourmaline Oil Corp acquired Santonia Energy Inc.

Company Address

Tourmaline Oil Corp

Suite 3700, 250 6th Avenue S.W
P: +1403.7673593
F: +1403.2665992

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