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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

Comment by oldrancheron Apr 02, 2013 12:57am
181 Views
Post# 21196121

Continuing to look green:

Continuing to look green:

Thanks Maistre for that info; so it looks like three of the execs cashed in on their options in March;wow; land of milk and honey !   That definately is food for thought.  Maybe the Big Gun will exercise his options in April ?

But interestingly, today on my watch portfolio it was another red ink day, except for TOU and PMT,which ended the day both green.

I think we are headed into the lower forties dollar a share range with continued strength.  And still owning TOU with no intent to sell.  (but wish i had owned some of those gravy options).

 

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