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Tourmaline Oil Corp. (T:TOU)

Business Focus: Oil Exploration & Production - Onshore

Dec 05, 2019 04:00 pm ET
Tourmaline Oil Corp. Declares Quarterly Dividend
CALGARY, Dec. 5, 2019 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.12 per common share.  The dividend will be payable December 31, 2019 to shareholders of record at the close of business on December 16, 2019.  This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Nov 14, 2019 11:59 am ET
Tourmaline and Topaz Announce Completion of Previously-Announced Transaction
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION OVER UNITED STATES NEWSWIRE SERVICES./
Nov 06, 2019 04:00 pm ET
Tourmaline's Free Cash Flow Generation Continues and Capital Efficiencies Improve
CALGARY, Nov. 6, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the third quarter of 2019.
Oct 10, 2019 05:00 pm ET
Tourmaline Announces Formation of Topaz Energy, Unlocking Value in Tourmaline's Significant Asset Base
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION OVER UNITED STATES NEWSWIRE SERVICES./
Aug 26, 2019 06:41 pm ET
Tourmaline Oil Corp. Declares Quarterly Dividend
CALGARY, Aug. 26, 2019 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.12 per common share. The dividend will be payable September 30, 2019 to shareholders of record at the close of business on September 16, 2019. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Jul 31, 2019 05:00 pm ET
Tourmaline Realizes Strong Q2 Earnings and Continues to Focus on Free Cash Flow Generation
CALGARY, July 31, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the second quarter of 2019.
Jul 04, 2019 08:30 am ET
Tourmaline Oil Corp. Announces Approval Of Normal Course Issuer Bid
CALGARY, July 4, 2019 /CNW/ - Tourmaline Oil Corp. (TSX – TOU) ("Tourmaline") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the notice of Tourmaline's intention to commence a normal course issuer bid (the "NCIB").
Jun 17, 2019 08:40 am ET
Tourmaline Oil Corp. Intends to Make Normal Course Issuer Bid
CALGARY, June 17, 2019 /CNW/ - Tourmaline Oil Corp. (TSX – TOU) ("Tourmaline") is pleased to announce that it intends to make a normal course issuer bid (the "NCIB") to purchase its common shares. The NCIB is subject to approval by the Toronto Stock Exchange (the "TSX"), and if approved, will be made in accordance with the applicable rules and policies of the TSX and applicable Canadian securities laws.
Jun 06, 2019 01:32 pm ET
Tourmaline Oil Corp. Announces Election of Directors
CALGARY, June 6, 2019 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline") is pleased to announce that the nominees listed in its information circular dated April 18, 2019 were elected as directors of Tourmaline at its annual meeting of shareholders on June 5, 2019 in Calgary, Alberta (the "Meeting").  All matters presented for approval at the Meeting were approved by Tourmaline's shareholders. A full report of voting results is available on SEDAR at www.sedar.com
May 29, 2019 05:00 pm ET
Tourmaline Releases Enhanced Five-Year Development Plan Focusing on Significant Free Cash Flow(1) Acceleration
CALGARY, May 29, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to provide details of an enhanced five-year development plan.
May 08, 2019 05:00 pm ET
Tourmaline Realizes Record Production and Increases Dividend
CALGARY, May 8, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release  financial and operating results for the first quarter of 2019.
Mar 05, 2019 04:00 pm ET
Tourmaline Delivers 2018 Earnings of $401.4 Million, Generates Free Cash Flow and Achieves Record Breaking Q4 Cash Flow of $391.5 Million
CALGARY, March 5, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce very strong 2018 financial and operating results.
Feb 20, 2019 04:00 pm ET
Tourmaline adds 338 mmboe of reserves in 2018, 2P reserves increased to 2.46 billion boe
CALGARY, Feb. 20, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to report very strong total reserve growth, liquids reserve growth and a continued reserve value increase in the current depressed natural gas price environment.  The Company executed on the 2017-2018 plan to concentrate almost entirely on internal EP growth and has produced the best reserve metrics in the Company's 10 year history over the past two years.
Jan 15, 2019 04:00 pm ET
Tourmaline Reaffirms 2019 Guidance and Reduces Capital Spending
CALGARY, Jan. 15, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to update 2019 guidance and ongoing EP activities.
Dec 05, 2018 04:00 pm ET
Tourmaline Oil Corp. Declares Quarterly Dividend
CALGARY, Dec. 5, 2018 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.10 per common share. The dividend will be payable December 28, 2018 to shareholders of record at the close of business on December 14, 2018. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Nov 07, 2018 04:00 pm ET
Tourmaline Delivers Strong Q3 Earnings and Cash Flow Growth, Increases 2018 Exit and 2019 Production Estimates and Reduces 2019 Capital Program
CALGARY, Nov. 7, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release  financial and operating results for the third quarter of 2018.
Sep 05, 2018 05:00 pm ET
Tourmaline Oil Corp. Declares Quarterly Dividend
CALGARY, Sept. 5, 2018 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.10 per common share, representing an 11% increase to the Q2 2018 dividend of C$0.09 per common share. The dividend will be payable September 28, 2018 to shareholders of record at the close of business on September 14, 2018. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes.
Jun 06, 2018 07:22 pm ET
Tourmaline Oil Corp. Announces Election of Directors and Quarterly Dividend
CALGARY, June 6, 2018 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that the nominees listed in its information circular dated April 20, 2018 were elected as directors of Tourmaline at its annual and special meeting of shareholders on June 6, 2018 in Calgary, Alberta (the "Meeting").  All matters presented for approval at the Meeting, including the reduction in the stated capital of Company, were approved by Tourmaline's shareholders. A full report of voting results is available on SEDAR at www.sedar.com
May 08, 2018 05:00 pm ET
Tourmaline delivers earnings of $129.6 million in Q1 2018 and announces Q2 2018 dividend increase
CALGARY, May 8, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the first quarter of 2018.
Mar 06, 2018 04:00 pm ET
Tourmaline Grows 2017 Cash Flow by 65%, Delivers Earnings of $346.8 Million, and Announces Inaugural Dividend in Q1 2018
CALGARY, March 6, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce very strong 2017 financial and operating results as well as payment of the Company's first dividend.
Feb 28, 2018 04:00 pm ET
Tourmaline Announces the Closing of Minor Asset Sales and an Increase to the Peace River High Oil Production Growth Program
CALGARY, Feb. 28, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to provide details of minor asset sales and a Peace River High update.
Feb 14, 2018 04:00 pm ET
Tourmaline Adds 558 Mmboe of 2P Reserves, Grows Liquid Reserves by 73% and 2P Reserve Value by $2.4 Billion¹
CALGARY, Feb. 14, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to report very strong total reserve growth, liquids reserve growth and a significant reserve value increase in the current declining natural gas price environment.  The Company executed on the 2017 plan to concentrate almost entirely on internal EP growth and has produced the best reserve metrics in Company history.  In addition, Q4 2017 cash flow(2) of $348.2 million exceeded Q4 capital spending of $332.7 million (excluding acquisitions) as the Company transitioned to a free cash flow(3)
Jan 10, 2018 04:37 pm ET
Tourmaline Provides Market Update
CALGARY, Jan. 10, 2018 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to provide a market update.
Dec 11, 2017 04:00 pm ET
Tourmaline Achieves 2017 Exit Production Target Early and Announces Multiple Strong Well Results From All Three Operated Complexes
CALGARY, Dec. 11, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to provide an update on 2017 exit production and EP results.
Nov 08, 2017 05:00 pm ET
Tourmaline continues profitable growth in Q3 2017 and introduces growth/dividend five-year plan
CALGARY, Nov. 8, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the third quarter of 2017.
Aug 02, 2017 06:00 pm ET
Tourmaline More Than Doubles Six Month Cash Flow and Continues Profitable Strong Growth
CALGARY, Aug. 2, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the second quarter of 2017.
Jul 04, 2017 06:00 pm ET
Tourmaline Updates Q2 2017 Activities
CALGARY, July 4, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to provide an update on its EP activities.
Jun 08, 2017 04:20 pm ET
Tourmaline Oil Corp. Announces Election of Directors
CALGARY, June 8, 2017 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline") is pleased to announce that the nominees listed in its information circular dated April 24, 2017 were elected as directors of Tourmaline at its annual and special meeting of shareholders on June 7, 2017 in Calgary, Alberta (the "Meeting"). All matters presented for approval at the Meeting, including the adoption of new by-laws containing advance notice provisions and the unallocated options under Tourmaline's share option plan, were approved by Tourmaline's shareholders. A full report of voting results is available
May 29, 2017 06:00 pm ET
Tourmaline Announces Three New Extensive Liquid-rich EP Opportunities
CALGARY, May 29, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce three new extensive exploration and production ("EP") opportunities within its existing core complexes and provide an update on its EP activities.
May 04, 2017 06:00 pm ET
Tourmaline Achieves Strong Earnings as Well as Record Production and Cash Flow in the First Quarter
CALGARY, May 4, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the first quarter of 2017.
Mar 07, 2017 05:00 pm ET
Tourmaline Oil Corp. Earns $59.6 Million in Q4 2016
CALGARY, March 7, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (64%) and top-tier production growth (20%) in 2016 while continuously improving its industry-leading cost structure.
Feb 22, 2017 05:00 pm ET
Tourmaline Oil Corp. Increases 2P Reserves 64% in 2016 to Reach 1.75 Billion Barrels of Oil Equivalent
CALGARY, Feb. 22, 2017 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") enjoyed another record year of material, profitable reserve additions with ever-improving efficiencies.
Nov 30, 2016 10:39 am ET
Tourmaline Oil Corp. closes acquisition from Shell Canada
CALGARY, Nov. 30, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has closed the previously announced acquisition from Shell Canada Energy ("Shell Canada").  The Company has acquired strategic assets located in the Alberta Deep Basin (the "Deep Basin Assets") and the North East British Columbia Gundy area (the "Montney Assets") for total consideration of $1.369 billion, including cash consideration of $1.0 billion and 10,017,938 Tourmaline common shares (the "Acquisition").  The Acquisition is a major step in the Company's ongoing pl
Nov 14, 2016 05:00 pm ET
Tourmaline Oil Corp. Reports Strong Third Quarter Results and Updates EP Activities
CALGARY, Nov. 14, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce strong financial and operating results for the third quarter of 2016.
Nov 10, 2016 09:19 am ET
Tourmaline Oil Corp. Announces Closing of $756 Million Equity Financings
/NOT FOR DISSEMINATION IN THE UNITED STATES.  FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./
Oct 20, 2016 06:05 pm ET
Tourmaline Oil Corp. announces strategic asset acquisition in the Alberta Deep Basin and NEBC Montney Complex, $739.4 million equity financings and increased 2017 guidance
/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./
Aug 03, 2016 06:00 pm ET
Tourmaline achieves strong first half growth with a cash flow budget
CALGARY, Aug. 3, 2016 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the second quarter of 2016.
Jun 15, 2016 05:00 pm ET
Tourmaline Oil Corp. Provides Operations and Financial Update
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide an operations and financial update. EP UPDATEDuring the third quarter, Tourmaline plans to run five to six rigs in the Alberta Deep Basin, two to three rigs for...
Jun 09, 2016 03:38 pm ET
Tourmaline Oil Corp. Announces Election of Directors
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") is pleased to announce that the nominees listed in its information circular dated April 25, 2016 were elected as directors of Tourmaline. The detailed results of the vote for the election of directors...
May 04, 2016 05:00 pm ET
Record Production, Strong Cash Flow and Significantly Reduced Costs Highlight Tourmaline's First Quarter
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the first quarter of 2016. HIGHLIGHTS Record daily production of 195,828 boepd, a 36% increase over Q1...
Mar 07, 2016 05:17 pm ET
Tourmaline Oil Corp. Earns $80.1 Million in 2015
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (30%) and production (37%) in 2015 while delivering strong profitability. HIGHLIGHTS Q4 earnings after tax of $34.6 million...
Feb 22, 2016 05:00 pm ET
Tourmaline Oil Corp. Reserves Reach 1.1 Billion Barrels of Oil Equivalent
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") enjoyed another record year of material, profitable reserve additions with ever-improving efficiencies. HIGHLIGHTS Proved plus probable reserves ("2P") increased to...
Feb 02, 2016 07:30 am ET
Tourmaline Oil Corp. Announces Deep Basin Acquisition and Reduces 2016 EP Budget
Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that it has acquired assets for approximately $183 million CDN in the Minehead-Edson-Ansell area of the Alberta Deep Basin, immediately adjacent to one of the...