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.

Specialties

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

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	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
2	RT: Debt T: - FT: Debt	A: 250000000 MR: - FA: 250 million FAN: 250000000	D: 2024-05-28 FD: 2024-05-28	3 investors

Secondary Offering Latest

2025-10-08

$200.0M

2 investors (Pro only)

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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