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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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(2)
•••
Comment by coolandniceon Mar 12, 2012 8:35pm
484 Views
Post# 19659955

RE: RE: RE: Still

RE: RE: RE: Still

I think Painted Pony is by far the better buy.

 

TOU is in the Edson area and have a tougher time accessing the LNG market....at least until more than 1 LNG plant is operating.

 

Painted is located right in the heart of the Montney and is very close to major pipelines that will bring the gas directly to Kitimat.

 

But agree both are good.  

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities