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Tourmaline Oil Corp. acquires Alberta Deep Basin


Published Feb 4, 2016
Tourmaline Oil Corp.-2

Tourmaline Oil Corp. 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 Company's largest-producing complexes.

The acquired assets are within one of the large Cretaceous Wilrich 'sweet spots' that the Company has identified through the 2014/15 drilling programs in the Deep Basin; the assets also have multiple additional development opportunities in the Notikewin and Falher C formations.

Tags: Tourmaline Oil Corp.




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