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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 HighOctane89on Sep 24, 2022 9:58pm
168 Views
Post# 34984707

RE:RE:RE:RE:RE:RE:RE:Landlocked

RE:RE:RE:RE:RE:RE:RE:LandlockedInvestors won't tie up money in Canada becuse you can't get anything built here , Warren Buffett pulled out of a Quebec LNG project . Pieridae could build their terminal but there is still no plan or permits for the pipeline connections to either one of those LNG projects . Trudeau has been obstructive from the very start , he was elected to legalize pot not go to war with O&G and mining . C-69 (no more pipeline bill) and C-47 (no tankers north of Vancouver bill) sealed the wests fate . International investment has vacated Canada because of our PM's attitude and impossible regulation . 

Trudeau has done nothing to help or encourage the industry , liberals won't speak about carbon capture because its a partial solution when total absenance is their goal . Jr likes to hear himself speak but without action , they are just words . The plan is to waste time so he doesn't have to make a decision but still effectively shackles any thought of future development . Trudeau needs to go !!!!
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