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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 integrity11on Mar 31, 2022 12:16pm
172 Views
Post# 34563340

RE:End of month shenanigans...

RE:End of month shenanigans...Plumpy, I too decided too add a little more Tou on Tuesday. We should hear news in special dividend in 2 to 3 weeks. I believe the last special dividend was announced on January 17, 2022 with an effective date of January 25, 2022 and payout on February 1, 2022. So imo the announcement will be made around April 17 for shareholders as of record 1 to 2 weeks later and payable May 1. Bring on the $1.25. Good luck to all Tou shareholders except of course the shorters. Hopefully for their sake the have bought their shares to clear their positions and have moved on to Bitcoin or other crypto currencies.
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