TSX: TOU       Tourmaline Oil Corp
Last Price Today's Change   Day's Range   Trading Volume
17.89   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):1,720,581
4 Weeks Range:17.22 - 19.94
4 Weeks Price Volatility (%):
52 Weeks Range:7.27 - 19.94
52 Weeks Price Volatility (%):
Average Price Target: 50.00
Price Target Upside/Downside: +32.11


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Business Background

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 the Alberta Deep Basin, north east British Columbia (NEBC) Montney and Peace River High Regional Charlie Lake. It holds interests in 13 natural gas plants in the Alberta Deep Basin, 10 of which, 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, the Ansell 1-34, the Brazeau 15-36, the Oldman 10-24 and the Sundance 15-7 are owned and operated by the Company. The Peace River High in NEBC is focused on liquids rich natural gas in the Triassic Montney formation. It has drilled approximately 200 Montney multi-stage fracture-stimulated horizontal natural gas wells in NEBC.

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