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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) > Divy help..Maybe
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Comment by Lupuslupuson Dec 28, 2023 1:31pm
179 Views
Post# 35802864

RE:Divy help..Maybe

RE:Divy help..Maybe

They may announce it in January
TOU has maintained that production will be kept flat for 2024, the rest is dependant on the commodity prices
 

I'm hoping for 4 X $1 SD plus the regular dividend for the 2024 calendar year
Going into 2025 egress will take a big step as LNG exports will be coming online, resulting in more exporting contracts.

I think at these prices here you are basically getting Bonavista assets for nothing

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