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)

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Comment by pablo87on Oct 12, 2020 3:35pm

164 Views

Post# 31704743

RE:RE:RE:RE:it's kinda strange

They pulled the 5 year plan, something is brewing...

jspaceman wrote: right now TOU is "ridin the brakes"....if we ever get the wildly bullish setup that many of the die hard gas bulls expect (i aint holdin my breath), you will see tou

Step on the GAS peddle. they have enormous leverage to higher nat gas prices, and the financial resources to ramp production Heavily.

right now they are ridin the brakes. anybody who thinks this company lacks leverage to higher nat gas prices hasn't studied the company very much.

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