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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

Comment by CriticalMind55on Mar 16, 2022 5:35pm
160 Views
Post# 34520045

RE:RE:Panic-Proof Portfolio

RE:RE:Panic-Proof Portfolio
fishcarrier wrote: I like that: Panic-Proof. Share price has tumbled some, but I don't for a minute believe that we're in for a recession, or any other kind of problem. Fact is that supplies of oil and gas are tight. That didn't get resolved overnight. True, the share price took quite a tumble. Then look at yesterday's bounce-back. I am hanging in for full blast. Look at the dividends alone: $1 expected base dividend this year plus 3 special ones of $1.25. That alone makes a 9% return. It was less than a week ago that people thought energy supply would remain tight all this year and pretty much all of 2023 as well. We're not done here. GLTA


Have you looked into OSP managed by Brompton? TOU + OSP + NNRG + CNQ and you are set!
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