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Topaz Energy Corp T.TPZ

Alternate Symbol(s):  TPZEF

Topaz Energy Corp. is a Canada-based royalty and infrastructure energy company. The Company is primarily focused on developing its business by acquiring and developing relationship with natural gas producers, such as Tourmaline Oil Corp. It owns gross overriding royalty (GORR) interests on approximately 5.3 million acres of land located throughout the prolific natural gas plays in the Western Canadian Sedimentary Basin (WCSB). The Company has royalty interests in the Clearwater and Charlie Lake operating areas of Alberta, as well as working interest in a sweet natural gas processing facility and associated crude oil battery in the Wembley area. It has GORR interests on over 380 thousand acres of land located in the Clearwater area in Alberta. Its assets are located throughout Canada's resource plays, such as the NEBC Montney, Alberta Deep Basin, Central Alberta, Peace River High area of British Columbia/Alberta, Alberta Clearwater, Saskatchewan Weyburn and Manitoba.


TSX:TPZ - Post by User

Post by Marlbankon Mar 16, 2021 10:01am
295 Views
Post# 32806700

No Respect

No RespectI think the lack of public fanfare disrespects TPZ's ties to the best operator in Alberta. TOU. For example, the GORR's TPZ has acquired on TVE's Clearwater should have created more buzz.. If you do your DD, you will know that the Clearwater at Nipisi is a long-term EOR gem, possibly second only to the Marten Hills Clearwater lands of HWX, and the privates Spur and Deltastream. TPZ has money to deploy but is targeting only the best. I predict they are waiting on GORRs for Spur and Deltastream should they go public, or possibly acquire CVE's GORR on HWX. Beyond that, TOU is flush and is sure to make some selective acquisitions, most likely to TPZ's benefit. Meanwhile, sit back and collect your 5.5% dividend. 
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