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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 ProfessorTontoon Jul 11, 2022 7:24pm
142 Views
Post# 34816635

RE:Pierre Lassonde

RE:Pierre Lassonde
retiredcf wrote: This guy knows a thing or two so it might be wise to hang onto your energy companies. GLTA

I see oil prices going much higher: Chair Emeritus 

Pierre Lassonde, chair emeritus of Franco-Nevada, joins BNN Bloomberg and says world oil consumption is going up, and it's hitting maximum capacity. If you take Russia out of the world's oil consumption, you're looking at $200 oil.

https://www.bnnbloomberg.ca/video/i-see-oil-prices-going-much-higher-chair-emeritus~24822452


Yeah well he said the same for cu which has taken a dive so what does he know. He should stick to gold.



Tonts
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