Operations2018-08-27T14:38:22+00:00

Striving to be the lowest-cost operator

Tourmaline has major positions in three large resources plays in the Western Canadian Sedimentary Basin: the Alberta Deep Basin, the Northeast British Columbia Montney and the Peace River Triassic Oil complex. The Company has carefully selected these resource plays based on rigorous subsurface technical and economic criteria. All three complexes are derisked through the drilling of over 1,200 wells and the infrastructure skeleton is complete across all complexes.

ALBERTA DEEP BASIN

NEBC MONTNEY

PEACE RIVER TRIASSIC OIL

ALBERTA DEEP BASIN

185,000 boe/day

 PRODUCTION

984.4 mmboe


RESERVES

6,167 locations


DRILLING INVENTORY

535 total


WELLS DRILLED

Tourmaline as at December 31, 2017

Production per Thousand Shares (BOEs)

Reserves per Share (BOEs)

Costs per Barrel of Oil Equivalent ($/BOE)

Tourmaline as at December 31, 2017

%

GROWTH IN CASH FLOW

C$
boe

RECORD LOW OPERATING COSTS

%

GROWTH IN LIQUIDS PRODUCTION

th

LARGEST GAS PROCESSING CAPACITY IN WCSB