Six months after its "transformative" $1.37-billion ($1 billion in cash plus 10 million common shares) acquisition of Shell Canada's Deep Basin and Montney assets, Tourmaline Oil is going to stay out of the acquisition market and focus instead on executing a $1.3-billion capital program that will deliver annual production growth of 30 per cent at a less-than-anticipated annual cash flow of $1.4 bitllion.
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