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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)
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Post by retiredcfon Jan 15, 2022 8:52am
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Post# 34320000

Weekly Stars & Dogs

Weekly Stars & Dogs

Natural Gas (STAR)

Natural Gas February futures

NATURAL GAS FEBRUARY 2022

$4.23+0.31 (7.97%)

PAST FIVE DAYS

Downsides of extremely cold weather: car won’t start; extremities turn black; tongue gets stuck on metal pole. Upside of cold weather: Natural gas investors make lots of money. With people cranking up their furnaces as a cold blast descends on parts of the eastern United States and Canada, natural gas futures hit their highest levels since November this week. Surging demand, combined with tight supplies, have helped natural gas rebound from a 36-per-cent drop in the fourth quarter triggered by warm weather and disruptions caused by COVID-19. Nothing like making money to warm the hearts of investors.
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Dealroom for high-potential pre-IPO opportunities