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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) > 2023 Shareholders return
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Comment by GunnerGon May 04, 2023 10:12am
115 Views
Post# 35429801

RE:2023 Shareholders return

RE:2023 Shareholders return "UP TO 100%" may not be 100%.

Also, "up to 100% of FCF to shareholders in 2023 through base dividends, special dividends, and share buybacks."


Dogsbreakfast4U wrote: The company announced that 100% of the free cash flow will be returned to shareholders this year!


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