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) > It's struggling

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Comment by GunnerGon Nov 08, 2022 9:55am

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Post# 35081654

RE:RE:It's struggling

Question answered? Watch the next few days.

integrity11 wrote: A very nice increase today for Tou with it closing up to 82.27. Now the question is whether Tou will close at $2.25 less at ex dividend . That would bring it to $80.02. Seems like many on this board think it will drop by the $2.25. Imo there may be s short term drop of ~$1.00 but in a weeks time will be back to at least todays closing. I guess we will know soon.

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