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 retiredcfon Mar 16, 2023 7:26am

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Post# 35341832

BNN

Although his focus is on ARX, the same logic of potentially missing the boat could equally be applied to TOU. GLTA

This could be the last chance to pick up big gas names like ARC Resources: Managing director

Jeremy McCrea, managing director of energy research at Raymond James, joins BNN Bloomberg to talk about the agreement between ARC Resources and Cedar LNG to supply natural gas.

https://www.bnnbloomberg.ca/video/this-could-be-the-last-chance-to-pick-up-big-gas-names-like-arc-resources-managing-director~2647938

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