M&A
Upstream
Alberta-B.C. Asset Deal Will Boost Tourmaline Profile
If all goes as planned, the asset deal with Shell Canada Limited announced late Thursday will make Tourmaline Oil Corp. one of Western Canada’s premier Montney-Deep Basin players, pushing average daily production to some 215,000 boe this year, with a 2017 capital budget expected to reach $1.1 billion, the company said on Thursday.
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