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) > Cheesie12

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Comment by bagcheeseon Oct 04, 2021 11:32pm

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Post# 33965526

RE:Cheesie12

Cheeapet12 posted on the TOU board today when ARC was in the red and TOU was in the green? Thought Cheeapet12 would be hiding.

Just so we can save Cheeapet12 money, there is huge technical resistance for ARC just under $12 and it cant hold a close above $12 which is confirming at resistance and there is no real support until $9.12 so ARC is entirely reliant on the price of oil right now because ARC isn't net profitable and has no forward guidance.

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Who, why, and what of the great "Crypto Surge"