TOU Stock Discussion

Tourmaline Oil Corp. Description

Tourmaline Oil Corp. is a Canada-based intermediate crude oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties. The Company is focused on exploration and acquisition program in the Western Canadian Sedimentary Basin. Its core areas include Alberta Deep Basin, Sunrise/Dawson/Sundown north east British Columbia (NEBC) Montney and Peace River High Regional Charlie Lake. The Company has ownership interests in approximately nine natural gas plants in the Alberta Deep Basin, including the Wild River 14-20, the Hinton 6-32, the Minehead 15-12, the Anderson 1-9, the Musreau 8-13, the Edson 4-17 and the Ansell 1-34. The Peace River High in NEBC is focused on liquids rich natural gas in the Triassic Montney formation. In the Sunrise/Dawson complex in NEBC, the Company has drilled approximately 170 Montney multi-stage fracture-stimulated horizontal natural gas wells.

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Natural Gas Media Petroleum Dow Crude Oil Gas Exploration Liquids Gas Properties Western Canadian Sedimentary Basin Natural Gas Properties Natural Gas Exploration Dawson Peace River Gas Wells Liquids Rich Natural Gas Early Triassic Gas Plants