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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 Angus66on Nov 04, 2022 12:04pm
197 Views
Post# 35073399

Todays trade

Todays tradeIn regards to how tou is trading today , it was up big at first and then all the stocks i follow started dropping including Su Cnq Cve Imo etc. And Tou went down as well. And all this with wti up over $3 and gas up as well . So how to explain what is going on maybe recession fears because of the jobs report today , profit taking  , bots . Who knows but the whole pack dropped not just TOU
JMHO
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