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) > Eric Nuttall

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Post by retiredcfon Mar 05, 2022 7:36am

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Post# 34486227

Eric Nuttall

As is always the case, he doesn't own it because he's a fan of oil more than NG. His potential projection for the SP is $89.00. GLTA

https://www.bnnbloomberg.ca/video/eric-nuttall-discusses-tourmaline-oil~2395499

BUY on WEAKNESS

Tourmaline Oil Corp(TOU-T)

03/03/2022 at 07:00pm

Extremely well run company, with decades of inventory. Doesn't own stock because natural gas weighted. Oil presenting huge opportunities. Expecting over $100/barrel for next 4-5 years. Trading at ~3x cash flow. Expecting variable dividends to be paid out. Expecting share price to trade around $80/share.

OIL / GAS

Eric Nuttall

$51.160

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