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.

TSX:TOU - Post by User

Tourmaline Oil Corp (Alberta) > Analyst Comment

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Post by retiredcfon May 17, 2022 6:18am

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Post# 34688373

Analyst Comment

https://www.bnnbloomberg.ca/video/teal-linde-discusses-tourmaline-oil~2442999

COMMENT

Tourmaline Oil Corp(TOU-T)

15/05/2022 at 08:00pm

Question was on derivative loss. He doesn't follow the company closely so doesn't know the situation. Could be related to hedging which can account for book losses for many companies. Tourmaline is one of the best manged oil and gas companies in Canada and management is considered conservative.

OIL / GAS

Teal Linde

$70.050

Unknown

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