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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)
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Post by SadieLadyCOon Nov 14, 2023 4:48pm
330 Views
Post# 35735428

Bonavista Deal

Bonavista DealIt will bring in abut $380 million a year or more. Maybe a lot more once TOU starts exspanding. Million acres of land more...whoa. I am glad I bought more today after reading Bonavistas financial. TOU has a $hit load of cash, even after the purchase.

How can you go wrong when a company pays ot a dividen of $6.00 - $8.00 bucks a year.

I had only $400 shares but, sold some other stuff bought 1,200 more today. Hope its worth it.
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