Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s): TRMLF

Energy Oil & Gas E&P

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.

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Tourmaline Oil Corp (Alberta) > National Bank

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Comment by Cobalton Apr 16, 2022 4:05pm

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Post# 34607776

RE:RE:RE:National Bank

Dont follow oil to close eh , Venezuela is decaying into a heap of rust day by day and as for OPEC only 2 might have spare capacity the rest cant even meet their quota , $140 oil by year end

Zaphod wrote: I wouldn't expect oil to go much over 100 and remain I think 80 or 90 is a long term position. All it takes is one OPEC country needing some more cash flow or Venezuela getting back in the good box and the price goes down.

Natural gas is seasonally high it'll drop down very soon