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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 Mar 08, 2020 2:52pm
171 Views
Post# 30780790

RE:RE:RE:RE:RE:RE:RE:Q4 Results

RE:RE:RE:RE:RE:RE:RE:Q4 ResultsTru dat, but Mr Market has acknowledged that TOU is less risky than many at this point. There are others not so well positioned.

1condor wrote: sadie222...I am not a holder of TOU but it is no doubt one of, if not the best, in the sector. However there is no running from what is coming down the pipe for next week.


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