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) > it's kinda strange

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Comment by pablo87on Oct 12, 2020 3:35pm

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Post# 31704743

RE:RE:RE:RE:it's kinda strange

They pulled the 5 year plan, something is brewing...

jspaceman wrote: right now TOU is "ridin the brakes"....if we ever get the wildly bullish setup that many of the die hard gas bulls expect (i aint holdin my breath), you will see tou

Step on the GAS peddle. they have enormous leverage to higher nat gas prices, and the financial resources to ramp production Heavily.

right now they are ridin the brakes. anybody who thinks this company lacks leverage to higher nat gas prices hasn't studied the company very much.

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