Tourmaline Oil Mergers and Acquisitions Summary

Oil/gas ExplorationCompany

Tourmaline Oil has acquired 14 companies, including 7 in the last 5 years. A total of 8 acquisitions came from private equity firms.

Tourmaline Oil’s largest acquisition to date was in 2016, when it acquired Shell Canada Energy - Oil & Gas Properties for $1.0B. The Company’s most targeted sectors include oil/gas exploration (100%).

Join Mergr and gain access to Tourmaline Oil’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the oil/gas exploration sector.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 1

Tourmaline Oil

Tourmaline Oil Corp.

250-6th Avenue SW Suite 2900,
Calgary, Alberta T2P 3H7
Canada,
(403) 266-5992
www.tourmalineoil.com

Tourmaline Oil focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. Tourmaline Oil was founded in 2008 and is based in Calgary, Alberta.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.0/yr) # 5 - 3 1 1 - 10
vol $1.3B $758M $836M $2.9B
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
Rising Star Resources Ltd. 2022-08-10 - Add-on Acquisition
Calgary, Alberta · www.risingstarresources.com
Black Swan Energy Ltd. 2021-06-11 836M CAD Add-on Acquisition
Calgary, Alberta · www.blackswanenergy.com
Jupiter Resources, Inc. 2020-12-18 630M USD Add-on Acquisition
Calgary, Alberta · www.jupiterresources.com
Modern Resources, Inc. 2020-11-02 109M CAD Add-on Acquisition
Calgary, Alberta · www.modernresources.ca
Chinook Energy, Inc. 2020-02-25 19M CAD Add-on Acquisition
Calgary, Alberta · www.chinookenergyinc.com
Shell Canada Energy - Oil & Gas Properties 2016-10-20 1.0B USD Divestiture
, British Columbia
Santonia Energy, Inc. 2014-03-04 144M CAD Add-on Acquisition
Calgary, Alberta · www.santoniaenergy.com
Huron Energy Corp. 2012-11-30 - Add-on Acquisition
Calgary, Alberta · www.huronenergy.ca
APL Oil & Gas (1998) Ltd. 2012-11-01 84M USD Add-on Acquisition
Calgary, Alberta
Cinch Energy Corp. 2011-07-11 - Add-on Acquisition
Calgary, Alberta
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 10 (100%) 2.9B (100%) - -
Total 10 $2.9B - -

By Geo

State/Country Buy Value Sell Value
Canada 10 2.9B - -
  Alberta 9 1.8B - -
  British Columbia 1 1.0B - -
Total 10 $2.9B - -

Top M&A Advisors

Legal Deals
Burnet, Duckworth & Palmer LLP
 1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 4 $1.7B
< $100M 2 $103M
TOTAL $2.9B
Largest Shell Canada Energy - Oil & Gas Properties
$1.0B (2016-10-20)

M&A Connections

Deals
Acquired from
Investor(s)
40%
4 (40%)
Strategic(s)
10%
1 (10%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

8,678   70% 2022
5,122   139% 2021
2,144   1% 2020
2,137   2% 2019
2,162   14% 2018
1,898   56% 2017
1,219   7% 2016
1,297   5% 2015
1,362   2014
(millions of CAD) Show More Show Less

Employees

296

Established

2008

Public

Toronto (TSX): TOU

 Subscribe to unlock this and 191,259
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.4K Private Equity Firms
  • 182K M&A Transactions
  • 187K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 69K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Tourmaline Oil

Alberta Companies , Oil/Gas Exploration Companies , Canada Companies , Alberta Oil/Gas Exploration Companies , Alberta Oil/Gas Exploration with Acquisitions , Alberta Oil/Gas Exploration with Divestitures

Related Lists for Alberta Companies

Largest Alberta Companies , Acquisitive Alberta Companies , Recently Acquired Alberta Companies , Recently Sold Alberta Companies , Private Alberta Companies , Public Alberta Companies , Acquired Alberta Companies , PE Backed Alberta Companies

Related Lists for Oil/Gas Exploration Companies

Largest Oil/Gas Exploration Companies , Acquisitive Oil/Gas Exploration Companies , Recently Acquired Oil/Gas Exploration Companies , Recently Sold Oil/Gas Exploration Companies , Private Oil/Gas Exploration Companies , Public Oil/Gas Exploration Companies , Acquired Oil/Gas Exploration Companies , PE Backed Oil/Gas Exploration Companies

Related Lists for Canada Companies

Largest Canada Companies , Acquisitive Canada Companies , Recently Acquired Canada Companies , Recently Sold Canada Companies , Private Canada Companies , Public Canada Companies , Acquired Canada Companies , PE Backed Canada Companies
Mergr

Product

Company

Legal