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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 Sadie222on Jun 14, 2019 6:45pm
141 Views
Post# 29828035

RE:Excitement Builds as Oil Patch Pins Hopes on TMX

RE:Excitement Builds as Oil Patch Pins Hopes on TMX
Idiot “expert” pretending that stopping the pipeline will have an effect on climate change! Gimme a break!! US has dozens of LNG plants existing, under construction, and planned, India has dozens of coal-fired power plants already, Brazil and SE Asia are stripping forest cover, etc.
Demand for petro is still growing with the population. Pipeline or no, until demand drops A LOT nothing will change. Except we get poorer and less able to deal with climate change ourselves.




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