Tourmaline announced that it surpassed its original 2017 exit production target of 270,000 boe/d on December 1, 2017. With production currently averaging 277,000 boe/d, and further EP activities slated for mid-December, exit volumes are now expected to exceed 280,000 boe/d for fiscal 2017. Tourmaline notes that it has approximately 42,500 boe/d behind pipe with 41 DUC wells to be completed in 1H18e.
12 Dec 2017
FLASH: Achieves 2017 exit production
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FLASH: Achieves 2017 exit production
Tourmaline Oil Corp. (TOU:TSE) | 0 0 2.9% | Mkt Cap: 5,137m
- Published:
12 Dec 2017 -
Author:
Robert Fitzmartyn -
Pages:
2
Tourmaline announced that it surpassed its original 2017 exit production target of 270,000 boe/d on December 1, 2017. With production currently averaging 277,000 boe/d, and further EP activities slated for mid-December, exit volumes are now expected to exceed 280,000 boe/d for fiscal 2017. Tourmaline notes that it has approximately 42,500 boe/d behind pipe with 41 DUC wells to be completed in 1H18e.