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.

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Tourmaline Oil Corp (Alberta) > Jan 25 is the record date

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Comment by bagcheeseon Jan 24, 2022 11:17am

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Post# 34352698

RE:RE:Jan 25 is the record date

Global markets are getting crushed, it's not a TOU or energy sector specific correction.. it's significantly due to the up coming Fed meeting on Wednesday. The only thing up is the VIX, not one share on my 30 watch is in the green. I don't expect much green until after the Fed report. In the next 5 months FAANG could be on sale even more. Keep some powder dry.

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