The $189 million acquisition of Alberta Deep Basin producer Santonia Energy by Tourmaline Oil is now complete, adding 23 MMcfed (17% oil and NGLs, 90% operated) and proved reserves of 97.8 Bcfe proved. The assets are concentrated around Harlech in west-central Alberta and largely contiguous with existing Tourmaline acreage.The deal expands operations in one of Tourmaline's three core regions, the others being the Montney and Charlie Lake. Tourmaline plans to add one horizontal rig......
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