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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) > Short Activity today - Security Commission Need to Investiga
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Comment by integrity11on Mar 19, 2024 11:17am
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Post# 35940612

RE:RE:Short Activity today - Security Commission Need to Investiga

RE:RE:Short Activity today - Security Commission Need to InvestigaI agree with u that for the most part they are useless, but imo they show the bidder and ask are colluding/communicating in an effort to bring down prices. I don't believe the traders from institutions are allowed to text positions during the trading day or prior to the commencement of the trading day and I would like to see the Trading Commission clamp down on these traders. I believe some traders/institutions were investigated and fined in the US in 2023. Needs to happen on the TSX
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