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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 himmleron Nov 09, 2018 11:25am
154 Views
Post# 28950550

RE:Stock price vs natural gas price discrepancy

RE:Stock price vs natural gas price discrepancyMarket sell off is all.Especially canadian oilco's.The key is to hold good companys through this as it will pass...it always does.Companys with good balance sheets will always survive..and TOU ranks right up there.Nat gas prices are sure to  climb in the next couple months.
Look at the future and not today.These markets will always wildly fluctuate.
Wait until monday..I can read the BNN nonsense already..Russia and the Saudis agree to curb production to stabilise oil prices lol..then we go back up.
Of course the opposite will happen if they keep status quo.Long term is what will determine oil usage..not daily ramblings from the experts..they know as much as we do..
zero
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