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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 12, 2022 9:03am
227 Views
Post# 34956118

Help...

Help...I am truly challenged. Tourmaline produces about 2.5bcfd. I understand that to mean 2.5 billion cu ft. It will initially ship 140mmcfd to foreign makets in 2023, rising to 926mmcfd at the end of the year. How much of the 2.5 bcfd is that?   I guess I'm kind of dumb, but there it is. By the end of the year (926) is that almost a billion? Like 40% of their production? 
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