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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 GunnerGon Jun 17, 2022 10:24am
227 Views
Post# 34764202

RE:In the meantime ...

RE:In the meantime ..."Management buyout" based on Mike buying his own stock.  Shows how little you know about the company and Mike.

Expand your search and see how much he has bought over the years, he is always buying.  Has more money than god.

Anyone who has done their DD knows how Mike operates, check his old companies and work history.  He will sell the company and I will be along for the ride.  It's a little to early though.

Ooooo, Mike bought shares....LOL


Konaboy wrote: While thekids are bickering about ex-div dates and who-had-dinner-with-whom, Mike is slowly effecting a management buyout.

Tourmaline Oil Corp. (

TOU-T -0.29%decrease
 
)

Between June 6-13, president, chief executive officer and chairman Mike Rose invested over $546,000 in shares of Tourmaline. He acquired a total of 7,100 shares at an average price per share of approximately $76.95 for two accounts. After these transactions, one account held 8,774,973 shares, while the other account held 29,755 shares.



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