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BRIEF-Tourmaline expects average Q2 production volumes of 235,000 to 240,000 boepd

July 4 (Reuters) - Tourmaline Oil Corp:

* Tourmaline updates Q2 2017 activities

* Currently operating 10 drilling rigs and will ramp to full 18 rig fleet during first half of July

* Expecting average Q2 2017 production volumes in 235,000-240,000 boepd range

* Approximately 175 new wells will be tied-in during second half of 2017

* Anticipates reaching 250,000 boepd production milestone during second half of August 2017

* Remains on track to achieve full-year 2017 production guidance of 240,000-260,000 boepd

* Planned outages on TCPL and Spectra/Enbridge were both extended longer than originally estimated

* Unplanned shutdown on Alliance system further reduced monthly volumes

* Cash flow, capital spending and cash costs are better or as anticipated for Q2 Source text for Eikon: Further company coverage:

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