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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a Canada-based crude oil and natural gas exploration and production company. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. The Company has ownership interests in 16 natural gas plants in the Alberta Deep Basin. It owns and operates five natural gas processing facilities with an aggregate capacity of approximately 325 million cubic feet per day (MMcf/d) with related gas gathering systems and NGL handling infrastructure at NEBC Montney Gas basin. The Company owns and operates two oil batteries at the Peace River Triassic Oil basin, which handles approximately 48,000 barrels per day of fluids and the associated natural gas is delivered to a third party for processing.


TSX:TOU - Post by User

Comment by Lupuslupuson Feb 08, 2024 8:19pm
124 Views
Post# 35871402

RE:RE:RE:RE:RE:RE:Madden Details

RE:RE:RE:RE:RE:RE:Madden DetailsI know exactly what JKM pricing is - I quoted the range in my comment based on this https://www.cmegroup.com/markets/energy/natural-gas/lng-japan-korea-marker-platts-swap.html#venue=globex

your original post stated that Tourmalines JKM pricing is essentially negated by the costs of processing and transportation,

Thats why I asked where you found these costs related to gas sold to Cheniere

You conveniently edited out that portion of your original post and subsequentally  told me to do my own research

Thats what you got called out for

If your going to make grandiose statements at least provide a reason for doing so

now be happy your Tou investment is going up
lol


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