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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

Post by fishcarrieron Sep 02, 2022 3:39pm
369 Views
Post# 34939076

Eric Nuttal

Eric Nuttal made me chuckle. On BNN he was asked what he thought of Trudeau's remark that there was no economic case to be made for Canada LNG export on the east coast.
Eric said he would be as polite es he could be in his answer. 

He suggested that one darn good facility on the east coast would generate enough revenue to build 10 hospitals a year. That it would replace so many tons of coal that it would eliminate carbon equivalent to taking all the gas cars off the road in Canada. 

Good for Eric!!

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