Tourmaline Oil Corp.TSX: TOU

Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

· Issued by Tourmaline Oil Corp. via CNW

Jul. 13, 2011 (Canada NewsWire Group) --

TORONTO, July 13, 2011 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

  • On July 11, 2011, Cinch Energy Corp. (TSX:CNH) received shareholder and court approval for their Plan of Arrangement with Tourmaline Oil Corp. (TSX:TOU). Tourmaline will acquire Cinch by giving 0.06366 shares of Tourmaline for each Cinch share. Cinch will be removed from the S&P/TSX SmallCap and Equity SmallCap Indices effective after the close of Friday, July 15, 2011.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

About S&P Indices
S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.

Tony North
Standard & Poor's
Director, Canadian Index Services
(416) 507-3204
tony_north@standardandpoors.com

David R. Guarino
Standard & Poor's
Communications
(212) 438-1471
dave_guarino@standardandpoors.com