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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 Cobalton May 02, 2022 10:25am
215 Views
Post# 34647385

RE:RE:RE:The question is will TOU be acquired or acquire another

RE:RE:RE:The question is will TOU be acquired or acquire anotherThey on the hunt they dont have enough gas for the LNG plant, take out names , BIR , PIPE, KEL , and others , NE BC , NW Alberta

Lupuslupus wrote: Looking forward to the completion of LNG Canada, it wouldn't be a stretch for someone like Shell to buy a TOU or maybe even an ARX for feed supply to the line

i would hope that I would  get $100+ for my Tou


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