Impact: Slightly positive, as Tourmaline has acquired production, gathering infrastructure and a slate of high quality drilling locations within its core Deep Basin acreage, which will further benefit from economies of scale achieved by the Company in the region via its owned and operated infrastructure complex. Tourmaline announced the acquisition of assets in the Minehead-Edson-Ansell region of the Alberta Deep
Basin for $183 mm, which appear consistent with assets sold by Enerplus in mid-Jan ....
02 Feb 2016
TOURMALINE OIL CORP. (TOU) ANNOUNCES $183 MM ALBERTA DEEP BASIN ACQUISITION, REDUCES 2016 E&D BUDGET
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TOURMALINE OIL CORP. (TOU) ANNOUNCES $183 MM ALBERTA DEEP BASIN ACQUISITION, REDUCES 2016 E&D BUDGET
Tourmaline Oil Corp. (TOU:TSE) | 0 0 2.9% | Mkt Cap: 5,137m
- Published:
02 Feb 2016 -
Author:
Robert Fitzmartyn -
Pages:
3
Impact: Slightly positive, as Tourmaline has acquired production, gathering infrastructure and a slate of high quality drilling locations within its core Deep Basin acreage, which will further benefit from economies of scale achieved by the Company in the region via its owned and operated infrastructure complex. Tourmaline announced the acquisition of assets in the Minehead-Edson-Ansell region of the Alberta Deep
Basin for $183 mm, which appear consistent with assets sold by Enerplus in mid-Jan ....