TOURMALINE EXPANDS 2011 CAPITAL PROGRAM AND ENTERS INTO BOUGHT DEAL FINANCING

20/09/2011

Tourmaline Oil Corp. is pleased to announce that it has entered into a common share financing agreement on a bought deal basis with a syndicate of underwriters led by Peters & Co. Limited.  Tourmaline will issue 4,000,000 common shares at a price of $33.00 per share for gross proceeds of $132.0 million. Please see the press release for more detail.

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