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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 retiredcfon Jan 20, 2022 7:04am
221 Views
Post# 34336349

Analyst Recommendation

Analyst RecommendationTOU is one of his top picks. GLTA

Opportunities in Canadian oil amid price rally

Goldman Sachs expects oil to reach $100 a barrel on the back of strengthening demand and low inventories. Is it too late for investors to get in the game? Jeremy McCrea, vice president of oil and gas research at Raymond James, shares his top picks in the Canadian energy sector.

https://www.bnnbloomberg.ca/video/opportunities-in-canadian-oil-amid-price-rally~2364831

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