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Tourmaline Oil Corp.

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Transactions

Report Date Amount (MM) Description
2021-07-15 CA$1,100.00

Canadian E&P Consolidation Continues with Billion-dollar Montney Merger

Canadian E&P Consolidation Continues with Billion-dollar Montney Merger

Report Date Amount (MM) Description
2021-05-18 CA$245.00

Topaz Agrees to NEBC Montney Acquisition from Tourmaline Oil

Topaz Agrees to NEBC Montney Acquisition from Tourmaline Oil

Report Date Amount (MM) Description
2020-11-04 CA$626.00

Tourmaline Oil Acquires Jupiter, Modern Resources in Back-to-back Deals

Tourmaline Oil Acquires Jupiter, Modern Resources in Back-to-back Deals

Report Date Amount (MM) Description
2016-11-30 $1,030.00

Shell Sells Noncore Canadian Oil, Gas Assets For $1 Billion

Shell Sells Noncore Canadian Oil, Gas Assets For $1 Billion

Report Date Amount (MM) Description
2016-02-02 CA$183.00

Tourmaline Oil Snags Alberta Deep Basin Assets

Tourmaline Oil Snags Alberta Deep Basin Assets

Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2014-01-21 Tourmaline Oil Corp. - 2014-01-21 Equity CA$156.75

Entered into a bought deal financing issuing 3.3 million common shares at $47.50 per share with an over-…

Report Date Type Amount (MM) Description
2013-10-08 Tourmaline Oil Corp. - 2013-10-08 Equity CA$193.60

Closed its public offering and concurrent private placement of common shares and flow-through shares with…

Report Date Type Amount (MM) Description
2013-09-16 Tourmaline Oil Corp. - 2013-09-16 Equity CA$169.11

Entered into a bought-deal financing of 3 million common shares at $41.75 per share and 850,000 flow-…

Report Date Type Amount (MM) Description
2012-10-11 Tourmaline Oil Corp. - 2012-10-11 Equity $36.90

Agreed to increase the size of the financing. Tourmaline will now issue 1 million flow-through common…

Report Date Type Amount (MM) Description
2012-10-10 Tourmaline Oil Corp. - 2012-10-10 Equity $27.68

Entered into a flow-through common share financing agreement on a bought deal basis with a syndicate of…

Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Topaz Completes Acquisition of Canadian Royalty Interests from Tourmaline

Topaz Energy’s deal to acquire royalty interests from Tourmaline Oil spans across approximately 3 million acres in Western Canada, with over half of the acquired land undeveloped.

Tourmaline Brings on Crew Energy with Close of $950MM Deal

Tourmaline Oil is adding about 30,000 boe/d of Montney Shale production with its acquisition of Crew Energy.

With Montney Production Set to Grow, US E&Ps Seize Opportunities

Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.

Dividends Declared in the Week of Sept. 2

Here is a compilation of dividends declared by select E&Ps for third-quarter 2024.

Tourmaline’s $950MM Crew Energy M&A Drills Deeper In Montney

Tourmaline Oil is adding high-quality drilling locations in Canada’s Montney Shale with the CA$1.3 billion (US$950 million) acquisition of Crew Energy Inc.

Canadian Gas Producers to Boost Unconventional Production, Capex

Wood Mackenzie expects Canada’s largest natural gas producers —  Montney Shale producers Tourmaline Oil, Canadian Natural Resources (CNRL) and ARC Resources — to continue to grow their unconventional production in 2023 despite inflation pressures.

Tourmaline, Kelt Exploration Shut In Gas Production Due to Weak Pricing

Tourmaline Oil, Canada’s largest gas producer, and Kelt Exploration temporarily shut-in significant gas volumes due to pipeline bottlenecks that led to a collapse in western Canadian gas prices.

Cheniere Energy Makes Progress Toward Expansion of Corpus Christi LNG Facility

A new long-term gas supply agreement with Tourmaline for Cheniere Energy’s Corpus Christi Stage III marks a constructive step toward reaching a final investment decision, say analysts.

Canadian E&P Consolidation Continues with Billion-dollar Montney Merger

Tourmaline Oil’s agreement on June 11 to acquire Montney operator Black Swan Energy continues a trend in the Canadian energy sector, which has seen a flurry of mergers between oil and gas producers within the past year.

Tourmaline Oil Acquires Jupiter, Modern Resources in Back-to-back Deals

Canadian oil and gas producer Tourmaline Oil said on Nov. 4 it has acquired Jupiter Resources in an all-stock deal, days after it bought Modern Resources in a cash and stock deal.