Tourmaline remains on track to achieve the upwards revised full year production guidance of 80,000 boepd, representing 57% year over year growth. The Company has tied in 8 wells during the past 3 weeks and expects to tie in a further 11 wells in all three core operated areas prior to the end of September.

A further 55 tie-ins/production start-ups during the fourth quarter, combined with the Deep Basin plant expansions at Wild River and Minehead/Banshee will generate 2013 exit volumes in excess of 100,000 boepd.

Current production volumes are estimated to be 82,000 boepd with an additional 9,000 boepd expected to be on stream by the end of September. The expanded 2H 2013 drilling program and the Deep Basin acquisitions will lead to an increase in 2014 average production guidance to between 116,000 and 120,000 boepd.

Tags: Tourmaline Oil Corp.