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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) > Rising Oil Prices
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Post by retiredcfon Jun 17, 2021 7:49am
163 Views
Post# 33400711

Rising Oil Prices

Rising Oil Prices

We will see higher crude oil prices as production continues to drop: Market strategist

Bill O'Grady, chief market strategist of Confluence Investment Management, breaks down the latest oil inventory data. He says that crude oil prices will need either U.S. dollar weakness or more rapid declines in inventory in order for the rally to continue.

https://www.bnnbloomberg.ca/video/we-will-see-higher-crude-oil-prices-as-production-continues-to-drop-market-strategist~2223362

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