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 Sadie222on Feb 04, 2020 2:19pm

112 Views

Post# 30641328

RE:RE:RE:RE:RE:RE:RE:RE:RE:Mike Rose Continues to Buy

Sentiment is probably not going to change much in that time frame. China needs to get moving again, and India wants to bring in a lot of LNG from US (but wants it cheaper). Demand increase, supply decrease needed, in general.

blueboron99 wrote: 1condor, thankyou for your insight.
IYO, what is going to change the Sector sentiment in the short term window of two years?

Besides consuming gas inventory in storage at the global level, reducing the number of small and medium sized companies in the gas sector which initiates less competition and having more flowlines to get the gas to market, what other factors could change the sentiment in the short term?

(bb-99)