CALGARY, AB, Nov. 1, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company“) is pleased to release financial and operating results for the third quarter of 2023.
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Oil Stocks and Oil Companies in Canada
CALGARY, AB, Nov. 1, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company“) is pleased to release financial and operating results for the third quarter of 2023.
HIGHLIGHTS
CALGARY, AB, Oct. 16, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company“) is pleased to announce that it has entered into a definitive share purchase agreement with all of the shareholders of Bonavista Energy Corporation (“Bonavista“) to acquire all of the shares of Bonavista for $1.45 billion, consisting of $725 million in Tourmaline common shares and $725 million of cash, less Bonavista’s net debt(1)(2) at closing (the “Acquisition“). The Acquisition is expected to close in the second half of November 2023, subject to customary regulatory and stock exchange approvals.
The Acquisition … Continue Reading
CALGARY, AB, Aug. 31, 2023 /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$0.26 per common share. The dividend will be payable on September 29, 2023 to shareholders of record at the close of business on September 15, 2023. This quarterly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.
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All amounts in this news release are stated in Canadian dollars unless otherwise specified.
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CALGARY, AB, Aug. 2, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company“) is pleased to release financial and operating results for the second quarter of 2023 and declare a special dividend.
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CALGARY, AB, June 7, 2023 /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$0.26 per share. The dividend will be payable on June 30, 2023 to shareholders of record at the close of business on June 15, 2023. This quarterly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.
ELECTION OF DIRECTORSTourmaline also announces that the following ten individuals proposed by management were elected as directors of Tourmaline at its annual … Continue Reading
CALGARY, AB, May 10, 2023 /CNW/ – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is providing an operations update in the wildfire-affected areas of Alberta.
Seven of Tourmaline’s nine facilities, previously shut-in due to the wildfires, have resumed operations and are operating at previous production rates. The remaining two facilities, West Wolf and Columbia, are undamaged and ready to resume operations; both are awaiting final start-up clearance from the Ministry of Forestry. Net production shut-in from these two facilities is approximately 16,000 boepd. The Company expects the start-up of these two facilities to commence in the next … Continue Reading
CALGARY, AB, May 8, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) provides an update on operations impacted by Alberta wildfires.
Tourmaline staff and families have been safely evacuated from certain operated facilities and homes in the greater Edson area. The Company evacuated and shut down nine South and West Deep Basin gas processing facilities between the afternoon of Friday, May 5 and the afternoon of Saturday, May 6 as nearby fires expanded and new wildfires rapidly emerged.
Tourmaline is not aware of any damage to those facilities to date, and access to the sites … Continue Reading
CALGARY, AB, May 3, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to release financial and operating results for the first quarter of 2023, announce an increase to its quarterly base dividend and declare a special dividend.
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Investment will establish a commercial fueling network for heavy-duty natural gas trucks across Western Canada
CALGARY, AB, April 18, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline“) and Clean Energy Fuels Corp. (NASDAQ: CLNE) (“Clean Energy“) announced today a $70 million Joint Development Agreement to build and operate a network of compressed natural gas (“CNG“) stations along key highway corridors across Western Canada. Through this 50-50 shared investment, Tourmaline and Clean Energy expect to construct and commission up to 20 CNG stations over the next five years, which will allow heavy-duty trucks and other commercial transportation fleets … Continue Reading
CALGARY, AB, Mar. 1, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to release financial and operating results for the full year and fourth quarter of 2022, as well as 2022 reserves.
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CALGARY, AB, Jan. 12, 2023 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to announce a special dividend and provide an operational and 2023 guidance update.
SPECIAL DIVIDENDTourmaline is pleased to announce the declaration of a special dividend of $2.00/share, given the continued strong financial performance and outlook for the Company. The special dividend is part of Tourmaline’s comprehensive shareholder return plan and will be paid on February 1, 2023 to shareholders of record on January 24, 2023. This special dividend is designated as an “eligible dividend” for Canadian income tax … Continue Reading
CALGARY, AB, Dec. 1, 2022 /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$0.25 per common share. The dividend will be payable on December 30, 2022 to shareholders of record at the close of business on December 15, 2022. This quarterly cash dividend is designated as an “eligible dividend” for Canadian income tax purposes.
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CURRENCYAll amounts in this news release are stated in Canadian dollars unless otherwise specified.
FORWARD-LOOKING INFORMATIONThis news … Continue Reading