Tourmaline Oil Corp.

About Tourmaline Oil Corp.

Tourmaline Oil is Canada's largest natural gas producer, focused on long-term growth through active exploration, development, production, and acquisition programs in the Western Canadian Sedimentary Basin. The company operates in three core areas: Alberta Deep Basin, NEBC Montney, and Peace River Triassic Oil, emphasizing operational and cost efficiencies to optimize shareholder returns.

Products & Services

Natural Gas Production:Tourmaline is the largest natural gas producer in Canada, with significant production in Q4 2023 averaging 556,957 boepd, of which 76% was natural gas.

Compressed Natural Gas (CNG) Stations:In partnership with Clean Energy, Tourmaline has opened two new CNG stations in western Canada to drive change in the transportation industry.

Midstream Infrastructure:Tourmaline owns and operates state-of-the-art infrastructure to enhance efficiency, reduce operating costs, and lower emissions.

Natural Gas

Specialties

Natural Gas Production Exploration and Development Cost Reduction Strategies Emissions Reduction Technologies Midstream Infrastructure Management Exploration Development Production Acquisition

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 250000000 MR: - FA: $250 million FAN: 250000000	D: 2026-03-12 FD: 2026-03-12	3 investors
2	RT: Secondary Offering T: - FT: Secondary Offering	A: 200000000 MR: - FA: 200 million FAN: 200000000	D: 2025-10-08 FD: 2025-10-08	2 investors
3	RT: Debt T: - FT: Debt	A: 250000000 MR: - FA: 250 million FAN: 250000000	D: 2024-05-28 FD: 2024-05-28	3 investors

Debt Latest

2026-03-12

$250.0M

3 investors (Pro only)

Secondary Offering 2025-10-08

$200.0M

Debt 2024-05-28

$250.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

No team data available

Team information is not yet available for this company

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