Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s): TRMLF

Energy Oil & Gas E&P

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

Tourmaline Oil Corp (Alberta) > Looking to start a position around $60

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Post by PlutusofCreteon Mar 05, 2024 3:03pm

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Post# 35916407

Looking to start a position around $60

Just put in an order at $60 - a stink bid - hoping to fill this based on volatility over the next few months.

Either a jump in price tmrw or a sell the news event. NG pricing is in trouble for the next few months.

I don't bet on the weather - I got burned the last two winters.

I'm new to the board so any advice or thoughts on my stink bid going through?

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