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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 Apr 27, 2022 12:46pm
184 Views
Post# 34636046

Q1 results May 4? Special Dividend May 4?

Q1 results May 4? Special Dividend May 4?I see the Estimated Q1 report date is May 4 so about a week away. I have not been able to find if Tou has confirmed this date. I had anticipated Tou to announce a special dividend last week, but I suspect it will be announced on the Q1 date now. It is possible that an acquisition could be announced and perhaps a bit smaller special dividend as some have speculated. After rereading the latest presentation there is no doubt in my mind that a special dividend will be announced. The next 5 trading days will likely be rewarding for shareholders unless something in this crazy world changes.
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