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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 uogradon Apr 24, 2020 9:49am
189 Views
Post# 30948787

well back in

well back inseems to some major resistance at 13 bucks but every analyst target much higher and if one believes like I do that every day more and more and more of those gassy gassy gassy permian wells are being shut in should mean a big bump for candian gas stocks going forward.

tourmaline is the cream of the crop but this week has sat on the sidelines while crew, pony, birchcliff, paramount and others have made hay.

i am in rush so glad to be back in in the low 12.60s.
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