Friday, July 5, 2013

Tourmaline Oil Corp - TOU.t

Tourmaline Oil Corp - TOU.t is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin.

On July 4, 2013 the company released NEWS

"Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to announce that the Spirit River Charlie Lake oil and gas pool has evolved into a major new hybrid resource play with significant reserve and production upside. This major expansion of the Triassic Charlie Lake play combined with the successful consolidation of the associated prospective land opportunity have created a third major core operating area for the Company, complementing the NEBC Montney complex and the Alberta Deep Basin."