# Tourmaline Oil

**Source:** https://www.startuphub.ai/startups/tourmaline-oil
**Profile type:** Startup

> A Canadian senior oil and natural gas company focused on exploration, development, and production.

## About

Tourmaline Oil Corp. is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. It is headquartered in Calgary, Alberta, Canada, and has become the largest natural gas producer in Canada. The company focuses on resource-type plays in the Alberta Deep Basin, the Northeastern British Columbia Montney resource play, and the Peace River High Charlie Lake oil development.

## Key facts

- **Slug:** tourmaline-oil
- **Website:** https://www.tourmalineoil.com/
- **Location:** Calgary, Canada
- **Founded:** 2008-08-01
- **Employees:** 737
- **Operating status:** Active
- **Total funding:** $484M
- **Sectors / tags:** Oil & Gas Upstream, Natural Gas Production, Crude Oil Production, Energy Exploration, Midstream Operations
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/tourmaline-oil-corp
  - Twitter: https://twitter.com/TourmalineOil
  - Facebook: https://www.facebook.com/TourmalineOilCorp

## Frequently asked

### What does Tourmaline Oil do?

Tourmaline Oil Corp. is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. It is headquartered in Calgary, Alberta, Canada, and has become the largest natural gas producer in Canada. The company focuses on resource-type plays in the Alberta Deep Basin, the Northeastern British Columbia Montney resource play, and the Peace River High Charlie Lake oil development.

### What is Tourmaline Oil's valuation?

StartupHub estimates Tourmaline Oil's effective valuation at $2.0B (range $1.2B to $2.9B, 10% confidence), based on comparable companies in the sector.

### How much funding has Tourmaline Oil raised?

Tourmaline Oil has raised a total of $484M in funding. The most recent round on record is Series B.

### Where is Tourmaline Oil headquartered?

Tourmaline Oil is headquartered in Calgary, Canada.

### When was Tourmaline Oil founded?

Tourmaline Oil was founded in 2008.

### What industry does Tourmaline Oil operate in?

Tourmaline Oil operates in Oil & Gas Upstream, Natural Gas Production, Crude Oil Production, Energy Exploration, Midstream Operations.

### How many employees does Tourmaline Oil have?

Tourmaline Oil has approximately 737 people on record.

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