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

Comment by bosstradeon Jan 19, 2020 10:42pm

96 Views

Post# 30572054

RE:RE:RE:RE:RE:NG on Henry Hub is $2.00

I think Ath condensate is a good fit
Ath - MONTNEY AT GREATER PLACID

~80,000 gross prospective operated acres
~200 well development inventory
200 – 300 bbl/mmcf initial free liquids
Flexible development with high netback production
KAYBOB DUVERNAY
*IPs rounded to the nearest 25 boe/d with volumes adjusted for shrinkage. Two Creeks and Kaybob West wells not tied into permanent infrastructure with liquids currently trucked.
Upcoming wells & next phase of activity (# of wells per pad)
KAYBOB NORTH
#11
KAYBOB WEST
TWO CREEKS
SAXON
DUVERNAY HIGHLIGHTS oSignificant resource exposure (~210,000 acres) oStrong condensate yields (200 –1,000 bbl/mmcf)