Tourmaline Oil Corp. Provides Production Guidance for Second Half of December 2013 Full Year 2014 and Second Half of February 2014
Tourmaline expects to reach the 2014 forecast average daily production level of 118,000 boepd in the second half of February 2014 (597) mmcfpd natural gas; 18,500 bpd oil, condensate and ngls), with additional volumes coming on stream in March. The drilling rig fleet of 16 rigs as well as 9-10 completion spreads will be operated until break-up in late March, providing approximately 60-65 new wells to bring on-stream by break-up.