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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

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

Post by CM3on Oct 06, 2021 11:48am
220 Views
Post# 33973617

Why the Whipsaw In Prices

Why the Whipsaw In Prices Up 5 %, Down 5 %. What's going on guys ? I know why it went up but why is it going down today ? Oil - 1.7 % , NatGas -7.9 % but I don't see this price moderation lasting at all. Where people get hit hard on NatGas is on the March / April contracts if there is too much winter leftovers but hell, we don't know what kind of winter we are going to have.

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