Tourmaline Oil to make $1.7 billion announcement in Northeast B.C.

Tourmaline Oil will make a major $1.7 billion announcement in Fort St. John on Saturday.

Tourmaline Chief Operating Officer Allan Bush will be joined by B.C. Energy Minister Michelle Mungall and local elected officials for a "celebration of its $1.7 billion investment in British Columbia," according to a media advisory.

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Tourmaline is among Canada's largest natural gas producers, and the third largest in Northeast B.C.

Earlier this year, the company said it was expanding its infrastructure and directing its growth capital to the Gundy area of the Montney play because it is the highest-return project in its inventory.

The event will take place at Tourmaline's office at 10 a.m., followed by a ribbon cutting. 

Email Managing Editor Matt Preprost at editor@ahnfsj.ca.

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