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Bullboard - Stock Discussion Forum
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.
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TSX:TOU - Post Discussion
Tourmaline Oil Corp (Alberta)
> Topaz spin out
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(16)
•••
Walleyewarrior
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Post by
Walleyewarrior
on Jan 18, 2022 12:38pm
Topaz spin out
Am I the only long term tourmaline shareholder thinking the company should spin out its remaining holding in topaz to existing shareholders?
happy capitalism
(14)
•••
Cheadle12
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Comment by
Cheadle12
on Jan 18, 2022 6:47pm
This is actually good thinking.. On the one hand, costs go up.. but on the other, it generates money to acquire & grow production to continue to pay out these MASSIVE dividends. The TPZ/TOU concept was genius.. Like ARX and hold, but Terry is more like Slash & Mike is, well, "Axl" Rose rockstar. Maybe this is where The Great Cheadle & Bagcheese can agree.
...more
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