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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 CriticalMind55on Nov 04, 2021 10:36am
298 Views
Post# 34086485

Let me shed some light on what is going on out there in the

Let me shed some light on what is going on out there in thestock markets, being a full-time investor/day trader and a speculator, the new generation is into the Crypto markets, the old schools are into the old-school blue-chip stocks. 

I think being in both markets, one can maximize returns, I am long in TOU, it is a part of my steady cash inflow portfolio with potential for another up to 75% Capital appreciation (factoring in all potential special dividends as stated in the last NR).  ESG will take a long time to kick in, in the meantime the world will need conventional Oil and Gas because it is still the most economical.

Long TOU, WCP and VET,

Cheers,
C
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