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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

Post by PetroLoonie1on Nov 04, 2019 1:36pm
183 Views
Post# 30306333

Zerohedge - Brutally Cold Air Mass on the Way

Zerohedge - Brutally Cold Air Mass on the Wayhttps://www.zerohedge.com/commodities/brutally-cold-air-mass-set-unleash-snow-over-northeast-next-week

“A very cold air mass for early November is poised to impact the Northeast late week into next weekend. A favorable upper atmospheric pattern should allow air from northern Canada to spill into the Great Lakes and Northeast.

During this cold stretch, temperatures may average 10-20 degree F below normal for most of the Northeast, including the major cities.

This may influence heating oil and natural gas demand, while allowing interior Northeast ski reports to begin making snow for the winter season ahead,” stated Ed Vallee, head meteorologist at Empire Weather LLC.




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