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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

Post by integrity11on Mar 30, 2022 11:31am
283 Views
Post# 34559103

No Red Flags for Tou - Very Nice Special Div Soon

No Red Flags for Tou - Very Nice Special Div SoonNice try CM3. Great to see your desperation posts. Shorters like you should try shorting Bitcoin or some other industry. You and many other shorters and certain hedge funds have done enough harm to the oil and NG industry over the past number of years. Tou IMO will be announcing a great special dividend in next 3  weeks which will further negatively impact the shorters on this board. Only a guess but special dividend will likely be $1.25 per share but could even be higher. That is the reason very few shares trading as very few shareholders want to exit their positions.
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