Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 11, 2022 12:56pm
198 Views
Post# 34594151

RE:Natural Gas

RE:Natural GasYes, and this tightness could increase. There is a report this morning that Russians are interfering with the NG flow in Luhansk, which could lead to decrease, if not altogether stop, the flow of NG to Europe, Ukraine warns. It seems strange that the Russians themselves would cut off what Germany says they can't afford to do. War does strange things. It seems that Germany should get busy to build LNG receiving structures, the sooner the better. All this could increase the price of NG and most certainly the fluctuations. I read this morning, too, that some European towns are closing swimming pools (for instruction, and for therapeutics) due to the high cost of warming the water. 
<< Previous
Bullboard Posts
Next >>