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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) > NYMEX bloodbath
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Comment by GunnerGon Dec 06, 2021 1:17pm
92 Views
Post# 34202780

RE:NYMEX bloodbath

RE:NYMEX bloodbathDon't have to cancel anything as it was never promised.

The NR was careful to use words like "plans", "contingent on" and "expects to pay".

They have not been big buyers of their own stock; buying only a small fraction of what was allowed under NCIB.


ngtraderng wrote: NYMEX is crashing hard. TOU could see mid $30s this week. I would like to see Mike cancel the upcoming special dividends and use the cash to buy back shares.


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