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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 fishcarrieron Oct 21, 2023 1:20pm
293 Views
Post# 35694605

RE:RE:Dividends Nov 2023

RE:RE:Dividends Nov 2023Yes, normally the share price goes down once the x date arrives. But I also expect Tourmaline might gain again quickly as they also report Q3 results on November 1. When they announced the acquisition of Bonaventure they hinted at a good quarter just past. 
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