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.

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Tourmaline Oil Corp (Alberta) > TOU, prepared to beat estimates Q3

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Post by Wildfuryon Aug 26, 2021 4:20pm

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Post# 33771126

TOU, prepared to beat estimates Q3

With NAT GAS on a bull run, TOU will no doubt fly past earnings estimates as long as the energy prices stay here or should they keep climbing. The very hot weather is demanding the NAT GAS plants to produce records of amounts of electricity. The $40 TOU share price is just around the corner, stay long and be rewarded Tou'ers

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Record Q3: Equinox Gold achieves commercial production at Greenstone Mine