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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

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

Post by oldrancheron Mar 12, 2013 10:50pm
281 Views
Post# 21120265

Steady financing deal

Steady financing deal

The first and third paragraphs of the new bought deal:

https://www.stockhouse.com/news/canadianreleasesdetail.aspx?n=8761559

indicates to me, at least,  that it is Business As Usual,   and Funding Put Into Place, period.

So that is good news that management calls their own shots (as shareholders would expect)                        and pays no attention to any posts by people trying to hype their own little stock as some thing that TOU should look at.  

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