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)

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Post by retiredcfon Aug 22, 2022 12:58pm

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Post# 34911733

UBS

Yet another analyst that thinks demand for oil will be greater than available supply which explains why they see the price per bbl hitting $120 by year end. GLTA

S&P 500 will slide to 3,900: Brenda O'Connor Juanas

Brenda O’Connor Juanas, senior vice president & financial advisor at UBS, joins BNN Bloomberg and warns that more pressure on stocks is coming and she sees oil soaring to about US$120 again.

https://www.bnnbloomberg.ca/video/s-p-500-will-slide-to-3-900-brenda-o-connor-juanas~2505636

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E3 inches closer to Alberta's first lithium production plant