Tourmaline Oil Corp
TSX:TOU

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Tourmaline Oil Corp
TSX:TOU
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Price: 67.37 CAD 1.28% Market Closed
Market Cap: 25.2B CAD
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Tourmaline Oil Corp
Investor Relations

Tourmaline Oil Corp., founded in 2008, stands as a testament to strategic growth and operational expertise within Canada's energy sector. Helmed by Michael Rose, a seasoned veteran of the industry, Tourmaline has swiftly positioned itself as one of the country's largest natural gas producers. The company's operations are primarily rooted in Western Canada, where it exploits rich natural resources across regions like the Alberta Deep Basin, Northeast British Columbia, and the Peace River High area. By focusing on large, contiguous land positions, Tourmaline maximizes operational efficiencies, enabling it to produce substantial volumes of natural gas and condensate at competitive costs. The company’s vertically integrated model, which includes its own processing facilities, allows for better control over production processes, thereby optimizing the entire value chain from extraction to delivery.

Tourmaline's business model revolves around the extraction of natural gas and associated liquids from vast reserves, capitalizing on the growing demand for cleaner fossil fuels both domestically and abroad. With a keen eye on innovation and sustainability, Tourmaline combines cutting-edge drilling techniques with robust environmental strategies, ensuring it meets regulatory standards while enhancing production output. Revenue generation hinges on the sale of natural gas, natural gas liquids, and crude oil at prevailing market prices, supplemented by strategic hedging practices that mitigate price volatility. As global energy dynamics shift, Tourmaline continuously leverages its extensive resource base and operational acumen to adapt to changing market conditions, ensuring robust financial performance and shareholder value enhancement.

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Management

Mr. Michael L. Rose P.Geol
Chairman of the Board, President & CEO
No Bio Available
Mr. Brian G. Robinson
CFO & Non-Independent Director
No Bio Available
Ms. Sherra Aspin
Vice President of Marketing
No Bio Available
Mr. William Scott Kirker
Chief Legal Officer & External Affairs
No Bio Available
Mr. James Heard
Vice President of Capital Markets
No Bio Available
Ms. Katie Beck
General Counsel & Corporate Secretary
No Bio Available

Contacts

Address
ALBERTA
Calgary
2900, 250 6th Ave SW
Contacts