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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 retiredcfon Apr 04, 2022 12:52pm
149 Views
Post# 34573563

Bill Harris

Bill HarrisHe's been doing this a long time. In his last statement, he indicates that he's much more oriented to NG.

And thanks for the compliment. GLTA

If oil hits $180 per barrel people will start using it less: Portfolio manager 

Bill Harris, partner and portfolio manager at Avenue Investment Management, joins BNN Bloomberg to discuss his outlook for the oil and commodities market at large maid ongoing supply constraints. He notes oil prices could reach a level that consumers could cut down on driving and travel.

https://www.bnnbloomberg.ca/video/if-oil-hits-180-per-barrel-people-will-start-using-it-less-portfolio-manager~2415464

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