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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 pablo87on Sep 28, 2020 5:01pm
108 Views
Post# 31632730

RE:everything about the TOPAZ

RE:everything about the TOPAZIf they maintain 51%, they have to consolidate Topaz in their results, If they fall below 50%, its treated as investment, no? Depends what they want and what investors want I guess

jspaceman wrote: offering is "first class"..."top shelf".

from the assets, the balance sheet, the management, the board of directors, the business plan.

this is designed to provide CONFIDENCE and assurance to the investor who counts on DIVIDENDS to live...I don't think TOPAZ is going to be a "cutter"...

tourmaline is only selling $35m of STOCK at $14 a share.

that tells me they think the stock is going HIGHER.....


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