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

Post by trader009on Mar 02, 2018 11:36am

94 Views

Post# 27651774

The #'s will only get better....

Three Months Ended September 30,						Nine Months Ended September 30,
		2017		2016		Change	2017		2016		Change
OPERATIONS
Production
	Natural gas (mcf/d)	1,187,462		895,256		33%	1,192,748		969,089		23%
	Crude oil and NGL (bbl/d)	38,995		20,138		94%	36,464		22,095		65%
	Oil equivalent (boe/d)	236,905		169,347		40%	235,255		183,610		28%
Product prices(1)
	Natural gas ($/mcf)	$	2.52	$	2.80	(10)%	$	2.95	$	2.28	29%
	Crude oil and NGL ($/bbl)	$	37.63	$	39.98	(6)%	$	39.69	$	37.37	6%
Operating expenses ($/boe)		$	3.00	$	3.26	(8)%	$	3.24	$	3.46	(6)%
Transportation costs ($/boe)		$	3.01	$	2.82	7%	$	2.90	$	2.23	30%
Operating netback(3) ($/boe)		$	12.27	$	12.69	(3)%	$	14.06	$	10.28	37%

Three Months Ended September 30,						Nine Months Ended September 30,
		2017		2016		Change	2017		2016		Change
OPERATIONS
Production
	Natural gas (mcf/d)	1,187,462		895,256		33%	1,192,748		969,089		23%
	Crude oil and NGL (bbl/d)	38,995		20,138		94%	36,464		22,095		65%
	Oil equivalent (boe/d)	236,905		169,347		40%	235,255		183,610		28%
Product prices(1)
	Natural gas ($/mcf)	$	2.52	$	2.80	(10)%	$	2.95	$	2.28	29%
	Crude oil and NGL ($/bbl)	$	37.63	$	39.98	(6)%	$	39.69	$	37.37	6%
Operating expenses ($/boe)		$	3.00	$	3.26	(8)%	$	3.24	$	3.46	(6)%
Transportation costs ($/boe)		$	3.01	$	2.82	7%	$	2.90	$	2.23	30%
Operating netback(3) ($/boe)		$	12.27	$	12.69	(3)%	$	14.06	$	10.28	37%