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Canada s Tourmaline to expand in Montney with C$1 1 bln deal for Black Swan

Canada's Tourmaline Oil Corp (TOU.TO) said on Friday it would buy privately owned Black Swan Energy Ltd in a C$1.1 billion ($908.79 million) deal, as the oil and gas producer looks to expand in the Montney region, one of North America's top shale plays.

Canada s Tourmaline to expand in Montney with C$1 1 billion deal for Black Swan

Canada's Tourmaline Oil Corp said on Friday it would buy privately owned Black Swan Energy Ltd in a C$1.1 billion ($908.79 million) deal, as the oil and gas producer looks to expand in the Montney region, one of North America's top shale plays.

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