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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 Apr 06, 2022 11:26am
235 Views
Post# 34580643

RE:News tomorrow on the Special Dividend?

RE:News tomorrow on the Special Dividend? Critical Mind I don't expect the special dividend to be announced until mid month and more likely around April 17/18 if it follows the last 2 special dividends. Investors will have to jump in quickly as the effective date is usually only a week or bit more than a week after the announcement. Investors wanting the dividend will have to start buying soon as the announcement IMO is less than 2 weeks from today. The special dividend will be in your acount on May 1. The great part is the Q1 earnings will follow soon after. IMO it appears the shorters and hedge funds who are shorting are working desperately together at the end of each trading day to bring down the price so that they can clear off their accounts. Their problem is that few investors have any desire to sell as most forecast price to increase. So the shorters will drive up the share price in an effort to buy Tou shares to clear out their shorts. This is a great story for loyal Tou shareholders.
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