Tourmaline will acquire all of the issued and outstanding common shares of Chinook through a plan of arrangeme Q2 2020 production averaged 299,369 boepd, within guidance range of 295,000 – 300,000 boepd and up 7% over Q2 2019 production of 280,547 boepd. Natural gas fundamentals for 2021 are steadily improving. To get full access now. Tourmaline will initially focus on optimizing production and reducing field costs with the expectation that the Chinook/Polar Star assets will generate approximately $8.0 - $10.0 million of cash flow (2) annually at current gas prices which is entirely incremental to Tourmaline's free cash flow (3) as outlined in the Company's five-year development plan.
Tourmaline, as planned in the 2020 maintenance capital budget, is currently operating the full 10 rig drilling fleet across. Free cash flow is calculated as cash flow less total net capital expenditures and is prior to dividend payments.
Liquids(1), Oil Equivalent The Company's actual production, revenues, taxes and development and operating expenditures with respect to its reserves will vary from estimates thereof and such variations could be material. Click here to Upgrade And Get Immediate Access.
Accordingly, NGLs in this disclosure exclude condensate. Files Filing Statement and Technical Report in... High Quality Canadian Gold & Silver Projects; Promising Drill Results, Valeant Pharmaceuticals Securities Class Action: A settlement may affect your legal rights, Intriguing Exploration and Gold Mining Play That Delivers Exceptionally High-Grade Gold Results, Canadian Mining goes Green with Deal for Solar Powered Accommodation Units, Private Placement closed for funding Fenelon and Senneville exploration on Val d’Or Gold Trend, Nevada Drills Turning: CSAMT Survey Confirms A Juicy GOLD Target Just A Little Bit Deeper, Cannabis 2.0 Leader Drives Revenue in 2020 and is Set for Growth in 2021, NBA Legend Tracy McGrady becomes Key Advisor for Fast-Growing Crypto Broke, NHL Superstar Joins Tech Company Focused on Gaming and Esports as Global Ambassador, Private Placement | On Track and on Target: WiFi Weapons Detection Co. Readies for Alpha Release. Tilting Capital Corp. (Bbls), Company Gross Track new and recompletion permits by: well name, class, (Oil, Gas, etc) county, state, operator, permit date and, status, API, lease information, and legal description, Rig Locations Map / Database: Updated Weekly, Search and view rig locations by: operator, well name, county, state, and wellbore type, Search for the number of wells planned to drill / complete, rigs, lateral lengths, and frac stages. The use of any of the words "forecast", "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "on track", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information.
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