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News Releases

Current News 2024

Archived News 2010-2023

Fri Dec 01 2023
Tourmaline Declares Quarterly Dividend and Provides Management Update
Fri Nov 17 2023
Tourmaline Announces Closing of Bonavista Acquisition
Wed Nov 01 2023
Tourmaline Delivers Strong Free Cash Flow in the Third Quarter, Updates Five Year EP Plan with Significantly Increased Free Cash Flow
Mon Oct 16 2023
Tourmaline Continues Deep Basin Consolidation Strategy with the Acquisition of Bonavista Energy Corporation, Increases Base Dividend and Declares Special Dividend
Fri Sep 01 2023
Tourmaline Declares Quarterly Dividend
Wed Aug 02 2023
Tourmaline Delivers Strong Free Cash Flow and Declares a Special Dividend
Wed Jun 07 2023
Tourmaline Declares Quarterly Dividend, Announces Election of Directors and Updates Forest Fire Situation
Wed May 10 2023
Tourmaline Provides Additional Wildfire Update
Mon May 08 2023
Tourmaline Provides Wildfire Update
Wed May 03 2023
Tourmaline Delivers Record Production, Announces an Increase to Quarterly Base Dividend and Declares a Special Dividend
Tue Apr 18 2023
Tourmaline and Clean Energy Announce $70 Million Joint Development Agreement to Build CNG Stations in Western Canada
Wed Mar 01 2023
Tourmaline Delivers Record Cash Flow, Free Cash Flow and Earnings in 2022, Increases 2P Reserves to 4.5 Billion BOE and Declares Dividend for Q1 2023
Thu Jan 12 2023
Tourmaline Declares $2.00/Share Special Dividend, Provides Operational and 2023 Guidance Update

Thu Dec 01 2022
Tourmaline Declares Quarterly Dividend
Wed Nov 02 2022
Tourmaline Delivers Strong Cash Flow and Free Cash Flow in Q3 2022, Announces Increased Base Dividend and Declares Special Dividend
Mon Sep 12 2022
Tourmaline Increases 2023 Cash Flow Guidance and Provides a Production and Marketing Update
Fri Sep 02 2022
Tourmaline Declares Quarterly Dividend
Wed Aug 10 2022
Tourmaline Completes Rising Star Acquisition and Files Early Warning Report
Wed Jul 27 2022
Tourmaline Delivers Record Cash Flow and Free Cash Flow in Q2 2022, Declares Special Dividend and Announces Strategically Timed Growth Projects
Wed Jun 01 2022
Tourmaline Increases Quarterly Dividend and Announces Election of Directors
Wed May 04 2022
Tourmaline Delivers Record Cash Flow and Free Cash Flow in Q1 2022 and Announces Special Dividend
Wed Mar 02 2022
Tourmaline Delivers Net Earnings of $2 Billion in 2021, Adds 1,090 mmboe of 2P Reserves and Declares Dividend for Q1 2022
Mon Jan 17 2022
Tourmaline Increases Quarterly Dividend By 11%, Declares a $1.25/Share Special Dividend and Provides Operational Update

Thu Dec 02 2021
Tourmaline Declares Quarterly Dividend
Wed Nov 03 2021
Tourmaline Delivers Record Free Cash Flow in Third Quarter 2021
Wed Sep 22 2021
Tourmaline Announces Guidance Update, 2022 Approved Budget and Free Cash Flow Allocation Strategy; Declares Special Cash Dividend
Tue Sep 21 2021
Tourmaline and Topaz Announce the Closing of $108 Million Bought Deal Secondary Offering of Topaz Common Shares
Fri Sep 03 2021
Tourmaline Declares Quarterly Dividend
Mon Aug 30 2021
Tourmaline and Topaz Announce $108 Million Bought Deal Secondary Offering of Topaz Common Shares
Mon Aug 09 2021
Tourmaline Announces Issuance of Senior Unsecured Notes
Wed Jul 28 2021
Tourmaline's Second Quarter 2021 Delivers Record Free Cash Flow
Thu Jul 15 2021
Tourmaline Announces Closing of Black Swan Energy Acquisition and a New Long-Term Gas Supply Agreement with Cheniere Energy
Fri Jun 11 2021
Tourmaline continues North Montney consolidation with the acquisition of Black Swan Energy
Wed Jun 02 2021
Tourmaline declares quarterly dividend and announces election of directors
Tue May 18 2021
Tourmaline Completes Further Consolidation of NEBC Montney Assets, Positioning the Company for Higher Free Cash Flow in 2022 and the Revised Five-Year Plan
Wed May 05 2021
Tourmaline Delivers Record Production, Cash Flow and Free Cash Flow in Q1 2021
Wed Mar 10 2021
Tourmaline Delivers Earnings of $618.3 Million in 2020, Adds 826 MMBOE of 2P Reserves and Increases Dividend for Q1 2021
Wed Jan 20 2021
Tourmaline Announces Inaugural Issuance of Senior Unsecured Notes

Fri Dec 18 2020
Tourmaline completes strategic acquisition of Jupiter
Wed Nov 04 2020
Tourmaline Announces Strong Q3 Results, Corporate Acquisitions and Transaction with Topaz Energy, Increases Dividend
Mon Oct 26 2020
Topaz Completes $230.5 Million Initial Public Offering
Mon Oct 19 2020
Topaz Prices Initial Public Offering
Fri Sep 25 2020
Topaz Files Preliminary Prospectus for Initial Public Offering and Secondary Offering of Common Shares
Wed Sep 09 2020
Tourmaline Receives Investment Grade Credit Rating
Wed Sep 02 2020
Tourmaline Declares Quarterly Dividend
Wed Jul 29 2020
Tourmaline Announces Strong Operating and Financial Results for Q2 2020 with Significant Free Cash Flow
Wed Jul 15 2020
Tourmaline Renews Normal Course Issuer Bid
Wed Jun 03 2020
Tourmaline Declares Quarterly Dividend and Announces Election of Directors
Wed May 06 2020
Tourmaline Announces Strong Q1 2020 Results, Reduces 2020 Budget to Maintenance Capital, Reconfirms 2020 Dividend
Thu Mar 12 2020
Topaz Announces Executive Appointments and Declares its First Dividend
Tue Mar 03 2020
Tourmaline Generates Record Free Cash Flow, Grows Production 10%, Increases 2P Reserves to 2.6 Billion BOE in 2019
Mon Feb 24 2020
Tourmaline Announces NEBC Montney Consolidation Activities
Mon Jan 20 2020
Statement Regarding Summons Under the Environmental Protection and Enhancement Act and Oil and Gas Conservation Act

Tue Dec 17 2019
Tourmaline Confirms 2020 Guidance and Achieves 2019 Exit Targets
Thu Dec 05 2019
Tourmaline Declares Quarterly Dividend
Thu Nov 14 2019
Tourmaline and Topaz Announce Completion of Previously Announced Transaction
Wed Nov 06 2019
Tourmaline's Free Cash Flow Generation Continues and Capital Efficiencies Improve
Thu Oct 10 2019
Tourmaline Announces Formation of Topaz Energy Unlocking Value in Tourmaline's Significant Asset Base
Mon Aug 26 2019
Tourmaline Declares Quarterly Dividend
Wed Jul 31 2019
Tourmaline Realizes Strong Q2 Earnings and Continues to Focus on Free Cash Flow Generation
Thu Jul 04 2019
Tourmaline Announces Approval of Normal Course Issuer Bid
Mon Jun 17 2019
Tourmaline Intends to Make Normal Course Issuer Bid
Thu Jun 06 2019
Tourmaline Announces Election of Directors
Wed May 29 2019
Tourmaline Releases Enhanced Five-Year Development Plan Focusing on Significant Free Cash Flow Acceleration
Wed May 08 2019
Tourmaline Realizes Record Production and Increases Dividend
Tue Mar 05 2019
Tourmaline Delivers 2018 Earnings of $401.4 Million, Generates Free Cash Flow and Achieves Record Breaking Q4 Cash Flow
Wed Feb 20 2019
Tourmaline Adds 338 MMBOE of Reserves in 2018, 2P Reserves Increased to 2.46 Billion BOE
Tue Jan 15 2019
Tourmaline Reaffirms 2019 Guidance and Reduces Capital Spending

Wed Dec 05 2018
Tourmaline Declares Quarterly Dividend
Wed Nov 07 2018
Tourmaline Delivers Strong Q3 Earnings and Cash Flow Growth, Increases 2018 Exit and 2019 Production Estimates
Wed Sep 05 2018
Tourmaline Declares Quarterly Dividend
Wed Aug 01 2018
Tourmaline Delivers Strong Q2 Free Cash Flow
Wed Jun 06 2018
Tourmaline Announces Election of Directors
Tue May 08 2018
Tourmaline Delivers Earnings of $129.6 Million in Q1 2018 and Announces Q2 2018 Dividend Increase
Tue Mar 06 2018
Tourmaline Grows 2017 Cash Flow
Wed Feb 28 2018
Tourmaline Announces the Closing of Minor Asset Sales
Wed Feb 14 2018
Tourmaline Adds 558 MMBOE of 2P Reserves
Wed Jan 10 2018
Tourmaline Market Update

Mon Dec 11 2017
Tourmaline Achieves 2017 Exit Production Target Early
Wed Nov 08 2017
Tourmaline Continues Profitable Growth in Q3
Wed Aug 02 2017
Tourmaline More Than Doubles Six Month Cash Flow
Tue Jul 04 2017
Tourmaline Updates Q2 2017 Activities
Tue Jun 20 2017
Tourmaline Announces Significant Multiple Charitable Donations by its CEO
Thu Jun 08 2017
Tourmaline Announces Election of Directors
Mon May 29 2017
Tourmaline Announces Three New Extensive Liquid Rich EP Opportunities
Thu May 04 2017
Tourmaline Achieves Strong Earnings as well as Record Production
Tue Mar 07 2017
Tourmaline Earns $59 Million in Q4 2016
Wed Feb 22 2017
Tourmaline Increases 2P Reserves 64% in 2016

Wed Nov 30 2016
Tourmaline Closes Acquisition from Shell Canada
Mon Nov 14 2016
Tourmaline Reports Strong Third Quarter Results
Thu Nov 10 2016
Tourmaline Announces Closing of $756 Million Equity Financing
Thu Oct 20 2016
Tourmaline Announces Strategic Asset Acquisition in the Alberta Deep Basin
Wed Aug 03 2016
Tourmaline Achieves Strong First Half Growth with a Cash Flow Budget
Wed Jun 15 2016
Tourmaline Provides Operations and Financial Update
Thu Jun 09 2016
Tourmaline Announces Election of Directors
Wed May 04 2016
Record Production Strong Cash Flow and Significantly Reduced Costs
Tue Apr 05 2016
Tourmaline Announces Closing of Bought Deal Financing
Tue Mar 15 2016
Tourmaline Increases Size of Bought Deal Financing
Mon Mar 14 2016
Tourmaline Enters into Bought Deal Financing
Mon Mar 07 2016
Tourmaline Earns $80 Million in 2015
Mon Feb 22 2016
Tourmaline Reserves Reach 1B Barrels of Oil Equivalent
Tue Feb 02 2016
Tourmaline Announces Deep Basin Acquisition and Reduces 2016 EP Budget
Mon Jan 04 2016
Tourmaline Achieved 2015 Exit Guidance in Late November

Wed Nov 04 2015
Tourmaline earns $28.5 million in Q3
Wed Nov 04 2015
Tourmaline Earns $28 Million in the Third Quarter
Wed Oct 14 2015
Tourmaline Updates 2016 and 2017 Guidance
Fri Aug 14 2015
Tourmaline Completes Acquisition of Mapan Energy Ltd
Wed Aug 05 2015
Tourmaline Cash Flows $203 Million in the Second Quarter
Mon Jun 29 2015
Tourmaline to Acquire Mapan Energy Ltd as it Continues its Deep Basin Expansion and Growth Strategy
Tue Jun 23 2015
Tourmaline Announces Closing of Bought Deal Financing Including Exercise In Full of Over-Allotment Option and Provides Financial and Expanded 2015 EP Program Update
Thu Jun 04 2015
Tourmaline Announces Election of Directors
Tue Jun 02 2015
Tourmaline Increases Size of Bought Deal Financing
Mon Jun 01 2015
Tourmaline Enters into Bought Deal Financing
Mon Jun 01 2015
Tourmaline Provides Operations and Financial Update
Wed May 27 2015
Tourmaline Announces Significant Discovery and Related Expansion
Wed Apr 29 2015
Tourmaline Achieves Record Production in the First Quarter
Thu Mar 12 2015
Tourmaline Consolidates Deep Basin Assets
Mon Mar 09 2015
Tourmaline Earns $488 Million in 2014
Wed Feb 18 2015
Tourmaline Announces Strong Reserve and Production Growth in 2014
Mon Jan 05 2015
Tourmaline Exceeds 2014 Production Exit Guidance and Closes Peace River

Mon Dec 15 2014
Tourmaline Updates Activities and Revises 2015 Capital Program
Wed Nov 05 2014
Tourmaline Announces Q3 2014 Financial and Operating Results
Mon Oct 20 2014
Tourmaline Announces Startup of Two Gas Facilities and Record Production
Mon Sep 08 2014
Tourmaline Plans to Grow Production by Over 40,000 BOEPD
Wed Aug 06 2014
Tourmaline Announces Record Q2 2014 Financial and Operating Results
Mon Jun 02 2014
Tourmaline Completes $78 Million Flow Through Financing
Wed May 14 2014
Tourmaline Increases Size of Bought Deal Flow Through Financing
Wed May 07 2014
Tourmaline Enjoys Record Cash Flow and Earnings in Q1 of 2014
Thu Apr 24 2014
Tourmaline Closes the Acquisition of Santonia Energy
Mon Mar 17 2014
Tourmaline Achieves Record Cash Flow and Earnings Growth in 2013
Tue Mar 04 2014
Tourmaline to Acquire Santonia Energy Inc
Wed Feb 19 2014
Tourmaline Grows Year End Reserves and Reserve Value by Over 40%
Wed Feb 12 2014
Tourmaline Announces Closing of Bought Deal Financing
Mon Jan 06 2014
Tourmaline Achieves Record 2013 Exit Production Volumes

Wed Nov 13 2013
Tourmaline Announces Q3 2013 Financial Results
Tue Oct 08 2013
Tourmaline Announces Closing of Bought Deal Financing
Mon Sep 16 2013
Tourmaline Enters into Bought Deal Financing
Mon Sep 16 2013
Tourmaline Increases Size of Bought Deal Financing
Mon Sep 09 2013
Tourmaline Increases 2013 Exit and 2014 Production Guidance
Wed Aug 07 2013
Tourmaline Continues Record Profitable Growth
Thu Jul 04 2013
Tourmaline Announces a Major Expansion to the Spirit River Peace River High/Charlie Lake Play
Thu Jun 06 2013
Tourmaline Announces Election of Directors
Wed May 08 2013
Tourmaline Announces Q1 2013 Financial Results
Tue Mar 12 2013
Tourmaline Announces Closing of Bought Deal Financing
Sat Mar 09 2013
Tourmaline Announces Record Year End 2012 Financial Results
Wed Feb 20 2013
Tourmaline Increases 2013 Production Guidance and Capital Program
Wed Feb 20 2013
Tourmaline Announces Increase in Bought Deal Financing
Tue Feb 12 2013
Tourmaline Grows Year End Reserves and Reserve Value by Over 60%

Wed Dec 19 2012
Tourmaline Updates Exit Volumes Reaffirms 2013 Guidance
Fri Nov 30 2012
Tourmaline Completes Acquisition of Huron Energy
Thu Nov 08 2012
Tourmaline Reports Q3 2012 Financial Results
Thu Nov 01 2012
Tourmaline Announces Closing of Flow Through Common Share Bought Deal Financing
Tue Oct 23 2012
Tourmaline Announces Acquisition of Huron Energy
Wed Oct 10 2012
Tourmaline Enters into Flow Through Common Share Bought Deal Financing
Wed Oct 10 2012
Tourmaline Announces Increase to Flow Through Common Share Bought Deal Financing
Wed Sep 19 2012
Tourmaline Announces Closing of $17 Million Over Allotment Option
Thu Aug 30 2012
Tourmaline Announces Closing of $117 Million Equity Offering
Wed Aug 08 2012
Tourmaline Enters into Bought Deal Financing
Thu Aug 02 2012
Tourmaline Announces Q2 2012 Financial Results
Wed May 09 2012
Tourmaline Announces Q1 2012 Financial Results
Wed Apr 04 2012
Tourmaline Completes $20 Million Flow Through Share Financing
Tue Mar 20 2012
Tourmaline Announces Q4 and 2011 Year End Financial Results
Wed Mar 14 2012
Tourmaline Announces Private Placement Bought Deal Flow Through Financing
Mon Mar 05 2012
Tourmaline Grows Year End Reserves and Reserve Value Over 70%
Wed Jan 25 2012
Tourmaline Raises Production Guidance

Thu Dec 01 2011
Tourmaline Announces Closing of Flow Through Common Share Bought Deal Financing
Thu Dec 01 2011
Tourmaline Provides Operational Update
Thu Nov 10 2011
Tourmaline Enters into Flow Through Common Share Bought Deal Financing
Thu Nov 10 2011
Tourmaline Announces Increase to Flow Through Common Share Bought Deal Financing
Tue Nov 08 2011
Tourmaline Announces Q3 Results
Wed Oct 19 2011
Tourmaline Announces Closing of $19 Million Over Allotment Option
Wed Oct 12 2011
Tourmaline Announces Closing of $141 Million Equity Offering
Tue Sep 20 2011
Tourmaline Expands 2011 Capital Program and Enters Bought Deal Financing
Mon Sep 12 2011
Tourmaline Operational Update
Thu Aug 11 2011
Tourmaline Announces Record Q2 Results
Tue Jul 12 2011
Tourmaline Completes Acquisition of Cinch Energy Corp
Fri Jun 24 2011
Delivery of Q1 Financial Statements Delayed Due to Canada Post Strike
Thu May 26 2011
Tourmaline Announces Q1 Results
Tue May 24 2011
Tourmaline to Acquire Cinch Energy Corp
Tue May 17 2011
Tourmaline Announces Closing of $174 Million Equity Offering
Mon Apr 25 2011
Tourmaline Increases Size of Bought Deal Financing
Mon Apr 25 2011
Tourmaline Expands 2011 Capital Program and Enters Bought Deal Financing
Wed Apr 13 2011
Tourmaline Announces Daily Production Reaches 30,000 BOEPD
Thu Mar 24 2011
Tourmaline Announces Q4 and 2010 Year End Financial Results
Tue Mar 08 2011
Tourmaline Reports 167% Growth in 2010
Tue Mar 08 2011
Tourmaline Completes $47 Million Flow Through Share Financing
Mon Feb 14 2011
Tourmaline Enters in Private Placement Bought Deal Flow Through Financing
Mon Feb 14 2011
Tourmaline Increase Size of Bought Deal Flow Through Financing

Thu Dec 23 2010
Tourmaline Announces Closing of $31.5 million Over-Allotment Option in Connection with its IPO
Thu Dec 23 2010
Tourmaline Provides Operational Update and 2011 Guidance
Thu Dec 23 2010
Tourmaline Announces Closing of $31 Million Over Allotment Option Connected with IPO
Tue Nov 23 2010
Tourmaline Announces Closing of $228 Million Initial Public Offering
Tue Nov 16 2010
Tourmaline Announces Pricing of Initial Public Offering
Mon Nov 15 2010
Initial Prospectus