Issue 21 – Tourmaline Oil Corp. – Three C’s: Consolidation, Cash Flow & Creating Value for Shareholders

Tourmaline Oil Corp. (TOU: TSX) is an intermediate oil and natural gas producer with operations focused on the Western Canadian Sedimentary Basin (Alberta and BC). Core operations are located in the Montney play (North East B.C.), the Alberta Deep Basin, and the Peace River complex. Production is currently weighted to natural gas (70% of production) with condensates, oil, and natural gas liquids (NGL’s) rounding out the mix.

 

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By Charles Marleau CIM® and William Mitchell CIM®

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By Charles Marleau CIM® and William Mitchell CIM®

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