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 Apr 29, 2020 3:16pm

410 Views

Post# 30967845

RE:RE:RE:anyboyd know why this is falling?

There are a few other factors involved in the rally, but it looked to me like a win-win deal.

JusticePrudeau wrote: i wonder if this is rallyiing because tou and pony have another deal brewing? taking pony's very best land and handing it over to tou so they can develop it seems to work wonders for both stocks!

JusticePrudeau wrote: what a rally! it's almost like the pot stawk rallies of days gone by. even so I know that many many posters will never recover from the maximum losses they have taken in canadian energy. even if shares triple from here. rip.

JusticePrudeau wrote: I heard they were supposed to be a good buy.