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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) > Shorters Running for the Exits
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Comment by integrity11on Mar 10, 2021 1:11pm
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Post# 32763712

RE:RE:RE:Shorters Running for the Exits

RE:RE:RE:Shorters Running for the ExitsBeaker I gather you are a shorter. Hopefully you did not get hit too hard today from the price increase. Maybe try a new stock segment as NG is likely too show some healthy increases in the future due to increased LNG demand, stronger sinventory declines due to cooler than expected winter,and decreased rigs from this time last year and over the past 2 years. Also drilling down due to ng producers not borrowing as much and more reliant in cash flow to fund drilling operations. Maybe Bitcoin might be good for you.
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