July 29 (Reuters) - Tourmaline Oil Corp TOU.TO :
* TOURMALINE ANNOUNCES STRONG OPERATING AND FINANCIAL RESULTS FOR Q2 2020 WITH SIGNIFICANT FREE CASH FLOW
* Q2 EARNINGS PER SHARE C$0.07
* Q2 EARNINGS PER SHARE ESTIMATE C$-0.09 -- REFINITIV IBES DATA
* Q2 2020 PRODUCTION AVERAGED 299,369 BOEPD
* AVERAGE REALIZED NATURAL GAS PRICE WAS CAD $2.41/MCF IN QUARTER
* Q3 2020 PRODUCTION OF 295,000 - 300,000 BOEPD IS CURRENTLY ANTICIPATED
* Q4 PRODUCTION OF 320,000-325,000 BOEPD IS FORECAST
* 2020 PRODUCTION EXIT OF 322,500 - 327,500 BOEPD IS NOW ESTIMATED
* 2021 PRODUCTION ESTIMATE OF 320,000 BOEPD WILL BE REVISITED WITH Q3 RESULTS
* ONGOING 2020 ACQUISITIONS AND A ROBUST 2H 2020 EP PROGRAM ARE EXPECTED TO INCREASE 2021 PRODUCTION, CASH FLOW
* QTRLY TOTAL REVENUE FROM COMMODITY SALES AND REALIZED GAINS $443.6 MILLION