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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 Cobalton Jul 13, 2023 7:13pm
285 Views
Post# 35540391

Alberta and B.C. in talks to expand Canadian LNG

Alberta and B.C. in talks to expand Canadian LNG

"VANCOUVER — Alberta Premier Danielle Smith says her province has begun talks with British Columbia on expanding the reach of Canadian natural gas in the global market.

Smith says she and B.C. counterpart David Eby began the discussion two weeks ago to explore leveraging Article 6 of the United Nations Paris Accord, which allows Canada to gain carbon credits for reducing emissions abroad.

Speaking on the final day of the international LNG 2023 conference in Vancouver, Smith says she wants to see Alberta and B.C. "pioneer" a way to use Article 6 to spur more natural-gas export projects that would supply Asia and reduce carbon emissions there."

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