Tourmaline Oil (OTCMKTS:TRMLF) Corporation is a Calgary-based energy company engaged in the exploration, development and production of natural gas, natural gas liquids and oil. As one of Canada’s largest independent natural gas producers, Tourmaline holds extensive acreage positions across Alberta and British Columbia, with a principal focus on its Montney and Deep Basin resource plays. The company employs horizontal drilling and multi-stage hydraulic fracturing to enhance reservoir performance and optimize recoveries.
In addition to its upstream operations, Tourmaline owns and operates a network of pipelines, compression facilities and gas processing plants. This integrated midstream footprint allows the company to gather, treat and transport its production efficiently, providing direct access to domestic Canadian markets as well as export corridors into the United States.
Founded in 2008 by Michael L. Rose, Tourmaline completed its initial public offering on the Toronto Stock Exchange in 2010. The company has since grown through a combination of organic development and strategic acquisitions, including the integration of Modern Resources and Perpetual Energy, which expanded its reserve base and production capacity across key Western Canadian plays.
Tourmaline’s senior leadership team is led by President and Chief Executive Officer John Dielwart, supported by executives with extensive technical, operational and commercial expertise. Headquartered in Calgary, Alberta, the company continues to pursue disciplined capital investment and growth opportunities across North America’s major hydrocarbon resource plays.
