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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 GunnerGon Feb 08, 2024 2:45pm
166 Views
Post# 35870640

RE:RE:RE:RE:Madden Details

RE:RE:RE:RE:Madden DetailsYou left off the receptionists salary and the phone bill.

We had this discussion with you a month ago pointing out you incorrect statements.  Apparently you have decided to ignore facts.

Not sure what you are trying to accomplish by bashing a stock I am sure you are not invested in given your comments.


houbahop wrote: Various costs:

Transportation to Cheniere
Liquefaction costs
Transportation from Cheniere to JKM through Panama canal.
Loss of gas during boat transport
Re-gasification costs

I will let you make your own research on those costs.

JKM averages vs HH averages vs AECO averages and  x HH:

2024: $10.50 vs $2.50 vs $2.25  4.2x
2025: $10.90 vs $3.40 vs $3.25  3.2x
2026: $10.23 vs $3.75 vs $3.60  2.7x

JKM at 10x HH is a thing of the past. With all these LNG facilities at sea ports the gap between East Asian markets and North american markets has been closed.

Mr. Madden wants you to look in the rear view mirror.

Pick your own mirror to look at...




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