Feb 22 (Reuters) - Tourmaline Oil Corp TOU.TO :
* Reserves reach 1.1 billion barrels of oil equivalent
* Says Q1 2016 average production remains on target, ranging between
190,000-200,000 boepd
* Says now has 2P reserves of 5.7 tcf of natural gas and 159.3 mmbbls of oil,
condensate and liquids at January 1, 2016
* Fourth quarter 2015 production averaged 179,610 boepd, a 37% increase over
the fourth quarter of 2014
* Q4 2015 capital expenditures of $325.5 million were 23% lower than Q3 2015
with significant further reductions for first of half of 2016
* Source text for Eikon
* Further company coverage TOU.TO