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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Post by bagcheeseon Jul 28, 2021 8:15pm

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Post# 33618744

This is huge

This is likely the best report I've seen and I've held and added shares since 2013.

I remeber when Tourmaline was well under 100,000 boe and now TOU is essentially 500,000 boe.

Hats off to Mike Rose, the main reason I've held for so long is because he is involved.

I can't see this not having a huge run up after this report. Resistance at $36.14 will be taken out rather fast I would think. TOU has routinely respected support of $33.25 and I think new support of above $36.14 or $36.19 will be confirmed.

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