(Editor's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity such as TRMLF. Tourmaline's listing in Toronto, TOU.TO, offers better liquidity.)
Tourmaline Oil Corp. (OTCPK:TRMLF) is a Canadian intermediate oil and gas producer primarily focusing on natural gas exploration and development in the Deep Basin and the Greater Peace River Arch areas of Alberta and British Columbia.
TOU has grown very rapidly since its formation in 2008 and production broke through the 100,000 boed (85% gas) mark during the most recent quarter. To date growth has been through both the drill bit and a number of corporate acquisitions and farm-in arrangements.
It has assembled the largest land position, at 1.1 million acres,...
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