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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 GunnerGon Mar 22, 2022 11:22am
172 Views
Post# 34534475

RE:RE:RE:RE:RE:RE:RE:special dividend

RE:RE:RE:RE:RE:RE:RE:special dividend The fact that M Rose is buying is nothing to get real excited about.  He has been buying the stock forever regardless of the price of the dividend being paid.

He is not in this just for himself but all the shareholders.  The company is well established with a get BS and so much cash it is time for all of use to reap the rewards.


Bertuccio69 wrote: Food for thought: Michael L Rose ( Chair & CEO) keep buying since 2 years. Even in the last week. He possess  16,331,516 shares.   Each special dividend….it’s a lot of money in his pocket. Last dividend (February) he got 1,25$ X 16 millions shares = 20 millions
 
I’m pretty sure he will keep special dividend as long as he can.     

GLTA


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