Tourmaline Oil Corp (Alberta) T.TOU

Gas Supply Agreement with Cheniere:

[houbahop]

Cheniere will pay Tourmaline an LNG-linked price based on the Platts Japan Korea Marker, after deductions for fixed LNG shipping costs and a fixed liquefaction fee. Tourmaline Oil Corp is acting as guarantor of the GSA on behalf of Tourmaline.

[GunnerG]

yup, Mike said basically the same thing, but not with your words.  He said all in costs of $8.  He was asked if that included tolls and he went on to mention NG, pipeline tolls, liquefaction and transportaion costs.  I am sure there are other costs and fees he could have mentioned but most investors would catch on to what he was trying to get across.  Still not even close to