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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 houbahopon Feb 19, 2024 10:07am
210 Views
Post# 35887461

Qatar is planning to increase worlwide natgas exports

Qatar is planning to increase worlwide natgas exportsInteresting article to understand what is happening in the sector.

https://oilprice.com/Latest-Energy-News/World-News/Qatar-Set-to-Sign-More-LNG-Supply-Deals-With-Europe-and-Asia.html

TTF is now trading under $24 and JKM below $9 with its 2024-29 strip mostly under $10.

With world storages filled at 75%+ and world production increasing every month, can we see any sustained price increase in north american markets in 2024?

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