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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Energy Oil & Gas E&P
Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. 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. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.


TSX:TOU - Post by User

Tourmaline Oil Corp (Alberta)
Bullboard Posts
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Post by raggetyjackon May 16, 2011 10:15am
307 Views
Post# 18581120

Financing closes tomorrow

Financing closes tomorrowExpecting some news soon on yearly plans and upgraded guidance.

Soon be time for more analysts to come on board with Scotia and National Bank and
initiate coverage on Tourmaline. If/when natural gas begins the move up this year
this is going to really rocket along.

GLA...
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities