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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 Straiteon Nov 09, 2018 11:17am
89 Views
Post# 28950487

RE:RE:Stock price vs natural gas price discrepancy

RE:RE:Stock price vs natural gas price discrepancyI certainly woulnd't short this at these levels, way too risky, this has the potential to do +50 in a year. Currently, the sentiment towards canadian energy producers is very low, alberta nat gas prices were often negative in the recent past. Spike in nat gas above the 5$ level could turn the sentiment/allow these firms to put hedges at high prices making this a very risky short proposition.
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