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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) > Tourmaline Contracting Natural Gas Flows from Western Canada
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Comment by Lupuslupuson Dec 11, 2022 1:55pm
270 Views
Post# 35164790

RE:Tourmaline Contracting Natural Gas Flows from Western Canada

RE:Tourmaline Contracting Natural Gas Flows from Western CanadaTOU is a money making machine, and Rose has said 50-80% of FCF will be reurned to share holders

About the Q2 2023, the dividends will have covered my initial investment position completely

I have continued to add to my position 

I can see maybe a big player like Shell at some point taking out Tourmaline hopefully at a grossly inflated share price
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