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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 TimeBuilderon May 08, 2023 11:40am
164 Views
Post# 35436483

Wildfire News Brief update

Wildfire News Brief update

BRIEF-Tourmaline Provides Wildfire Update

Tourmaline Oil Corp:

* TOURMALINE PROVIDES WILDFIRE UPDATE

* TOURMALINE OIL CORP - PROVIDES AN UPDATE ON OPERATIONS IMPACTED BY ALBERTA WILDFIRES

* TOURMALINE OIL CORP - EVACUATED AND SHUT DOWN 9 SOUTH AND WEST DEEP BASIN GAS PROCESSING FACILITIES BETWEEN AFTERNOON OF MAY 5 AND AFTERNOON OF MAY 6

* TOURMALINE OIL - NOT AWARE OF ANY DAMAGE TO SOUTH AND WEST DEEP BASIN GAS PROCESSING FACILITIES TO DATE, AND ACCESS TO SITES IS CURRENTLY PROHIBITED

* TOURMALINE OIL CORP - WILL QUANTIFY TIMELINE FOR PRODUCTION RESUMPTION AT 9 SITES AND TOTAL PRODUCTION IMPACT ON Q2 IN SUBSEQUENT UPDATES Source text for Eikon: Further company coverage:


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