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 pablo87on Aug 01, 2020 12:33pm

218 Views

Post# 31353839

RE:RE:HOW MUCH DEBT IS TO MUCH.?

TOU investors should pay attention to Cabot Oil and gas (symbol COG) - it's the US equivalent of TOU (though much higher valuation). Released on Friday. Lots of good info in their quarterly presentation. US nat gas prices at 25 year lows. I feel like TOU is being very conservative but also, that the coil spring is being charged if and when commodity prices rebound.

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Harris or Trump? What scenarios can the TSX expect?