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CALGARY, AB, Nov. 17, 2023 /CNW/ – Tourmaline Oil Corp. ( TSX: TOU ) (“Tourmaline” or the “Company”) is pleased to announce the completion of its previously announced acquisition of Bonavista Energy Corporation for $1.45 billion, consisting of $725 million in Tourmaline common shares and $725 million of cash, less Bonavista’s net debt (1) . The Company expects exit 2023 production of over 600,000 boepd, including the acquired Bonavista volumes. Tourmaline Oil Corp. Logo (CNW Group/Tourmaline Oil Corp.)
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