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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

Comment by fishcarrieron Apr 04, 2022 1:13pm
102 Views
Post# 34573661

RE:Bill Harris

RE:Bill Harris

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


I agree. I don't need to drive much at my age, but my house is heated by NG, and I wouldn't want that replaced. Our particular house does not lend itself to solar power, and I wouldn't want to go back to carrying wood into the house or have my basement filled with anthracite for the furnace. One can see the importance of NG in Europe right now. Until they get infrastructure for imported LNG, they're rather stuck with that 'automatic' arrival of NG from wherever. Even electricity is made (in some instances) by NG. And some transportation already runs on it. 
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