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) > Natural Gas

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Comment by fishcarrieron Oct 21, 2022 12:36pm

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Post# 35039247

RE:RE:RE:RE:Natural Gas

So we see which way the wind blows. Prices are down, but there's still some more room to make money. I did cut way back on my holdings, but I want to increase my TOU holdings a little yet. TOU is holding its own pretty well in share price. Some of the other energies have lost some. Just got my gas bill yesterday. It was $137 as opposed to $37 a year ago. It was much colder than a year ago, and I think price of gas was up too. Long live TOU. GLTA.

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