Topaz Energy Corp TPZEF

Primary Symbol: T.TPZ

Energy Oil & Gas E&P

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

Topaz Energy Corp

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Post by retiredcfon Jan 14, 2023 6:18am

436 Views

Post# 35222939

Analyst Recommendation

BUY

Topaz Energy(TPZ-T)

12/01/2023 at 07:00pm

Likes prospects of company. Spin out from Tourmaline Oil & Gas. Very attractive valuation given current share price. Not much debt on the balance sheet. Lots of room to grow. 6% dividend yield and good management team.

Jason Mann

$21.570

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