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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 CM3on Mar 30, 2022 3:54pm
173 Views
Post# 34560317

RE:RE:Surely the cheinere LNG agreement doesn't mean they get

RE:RE:Surely the cheinere LNG agreement doesn't mean they getWith all the virtue signalling in the Canadian government and the media and governments seizing the narrative from the get-go on this war, I think any Canadian producers chance of getting some sort of bonanza on prices is zero. Trudeau has already started telling the oil liquids producers what he thinks they should do with profits. There are no oilmen in his cabinet. Be prepared to be effectively nationalized with the help of Washington and Europe, all in the name of helping Ukraine. It's inevitable. And nobody will stand up for the oil patch. NOBODY !!
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