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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

Comment by RJboxeron Apr 16, 2023 12:18pm
170 Views
Post# 35397327

RE:Prepare to exit

RE:Prepare to exitGermany just shut down it's last nuclear power plant. They still burn a lot of coal, which as far as carbon goes is much inferior. The entire CO2 debate is plain stupid. CO2 makes up 0.04% of Earth's atmosphere, and if it dropped to just 0.02% plant life would start dying from a lack of carbon.
Nobody cares that Europe is self destructing and becoming a banana republic continent. I just hope the U.S. and Canada wake up before it's too late.
Natural Gas and Crude Oil will be around for a very long time. From a density standpoint, there is no better energy source.
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