Jamie Heard: Tourmaline, the Montney, and the LNG Crescendo Ahead | SynMax Energy Brief

Jamie Heard, VP of Capital Markets at Tourmaline and one of the most followed voices in North American natural gas, joins SynMax Energy Brief to map the next five years of the gas market. We cover Tourmaline's contrarian growth strategy, the Montney's 75-year inventory runway, the Shell/ARC deal, the Strait of Hormuz scenario and the rare backwardation in TTF and JKM curves, behind-the-fence data center buildout, and the DUC, DUTC, and Apex wildcards that traders may be mispricing. Chapters: 00:00 Intro 00:46 Tourmaline's contrarian model and the case for growth 04:33 Energy independence vs energy dominance 10:30 Montney vs Permian: the Canadian gas thesis 15:14 The Shell / ARC Resources acquisition 24:00 Strait of Hormuz and the LNG curve in backwardation 39:10 Data center demand and behind-the-fence gas 44:43 Tourmaline's own data center co-location play 1:00:11 DUCs, DUTCs, and virtual storage 1:04:35 Apex in the Haynesville: the supply-side wildcard 1:07:36 SynMax's thermal drone Haynesville detection 1:10:14 Closing: why gas has to show up this cycle About SynMax Energy Brief: SynMax Energy Brief features conversations with the operators, traders, and analysts shaping North American energy. Hosted by Eric Anderson, CEO and Founder of SynMax. About SynMax: SynMax is a satellite data intelligence company. Our Hyperion platform delivers production forecasts, well-level activity, and infrastructure intelligence for natural gas and oil markets across North America. Know. Don't Guess. Learn more: https://synmax.com/energy #NaturalGas #LNG #Tourmaline #Montney #EnergyMarkets