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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 ngtraderngon Nov 17, 2022 10:02am
373 Views
Post# 35106490

I can't stop laughing

I can't stop laughingEveryone is flooding the market with gas.

Qater, Saudis, Americans, and Canadians.

Not enough egress out of Canada. BC residents (mostly treehuggers) HATE fracking.

Trudeau wants to end Canadian oil & gas. There will be more taxes on Touramline's profits to pay for gas subsidies and to pay the aboriginal tribes.

Laughing GIFs - Get the best GIF on GIPHY

There is still time to save your capital but it will run out soon.
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