TOU 📈 Tourmaline Oil - Overview

Tourmaline Oil Corp. is a Canadian energy company that focuses on the exploration and development of oil and natural gas properties, primarily operating within the Western Canadian Sedimentary Basin. This region is known for its rich hydrocarbon deposits, making it an ideal location for the company's activities. The company's portfolio includes interests in key areas such as the Alberta Deep Basin, which is recognized for its significant natural gas reserves, and the Northeast British Columbia Montney, a major play in the development of unconventional oil and gas. Additionally, Tourmaline has interests in the Peace River High Triassic oil complex, further diversifying its asset base.

With its incorporation in 2008, Tourmaline Oil Corp. has established itself as a significant player in the Canadian oil and gas sector. The company is headquartered in Calgary, Alberta, a major hub for the energy industry in Canada, providing it with strategic access to resources, expertise, and markets. For more information about the company's operations, strategy, and performance, one can visit their official website at https://www.tourmalineoil.com. In terms of its stock, Tourmaline Oil Corp. is listed with the ISIN CA89156V1067 and is classified as a common stock under the GICS Sub Industry category of Oil & Gas Exploration & Production, reflecting its core business activities.

As a company involved in the oil and gas exploration and production sector, Tourmaline Oil Corp.'s operations are influenced by factors such as energy demand, commodity prices, and regulatory environments. The company's success is tied to its ability to efficiently explore, develop, and produce oil and natural gas from its properties, while also navigating the challenges and opportunities presented by the energy market. With its focus on the Western Canadian Sedimentary Basin, Tourmaline Oil Corp. is well-positioned to contribute to Canada's energy landscape, leveraging its expertise and assets to drive growth and profitability.