Sue riddell rose net worth
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Mike Rose
2023 Canada’s Outstanding CEO of the Year® award recipient
Chair, President & CEO, Tourmaline Oil Corp.
Geologist Mike Rose has more than 45 years of experience in the oil and natural gas industry.
Mr. Rose founded Tourmaline Oil Corp. in 2008 as a private oil and gas company. The Company went public in 2010 and has become Canada’s largest natural gas and NGL producer. He is President, CEO and Chairman of Tourmaline.
Mr. Rose began his career at Shell Canada in 1979, where he was employed for 14 years in various exploration and production positions. He was Manager of Exploration and Petroleum Engineering Research at the time he departed to found Berkley Petroleum Corp. in 1993.
As President and CEO of Berkley Petroleum Corp., he and his team grew the Company from a microcap to an Intermediate Exploration and Production company with production of 42,000 barrels of oil equivalent per day (BOE/D). Berkley, one of Canada’s premier explorers in the 1990s, was sold to Anadarko Petroleum for an enterprise value of CA$1.6bn in 2001.
In July 2001, Mr. Ros
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Mike Rose
2023 Canada’s Outstanding CEO of the Year® award recipient
Advisory Board member
Biography
Mike Rose is Chair, President and CEO of Tourmaline Oil Corp., which he founded in 2008 as a private oil and gas company. In 2010, Tourmaline went public and is now Canada’s largest natural gas and ngl producer. Mike has more than 45 years of experience in the oil and gas industry, having begun his career at Shell Canada. In 1993, he founded Berkley Petroleum Corp. which was sold to Anadarko Petroleum in 2001. Mike then founded Duvernay Oil Corp. in the same year, which was one of Canada’s most active and successful Exploration and Production companies during the 2000s and was one of the pioneers in the emerging Alberta Deep Basin and British Columbia Montney plays. The Company was sold to Shell Canada in 2008. In 2019, Mike and his leadership team founded Topaz Energy, a hybrid royalty and
infrastructure vehicle, where he is currently Chairman.
Mike is on the Advisory Board of the Hotchkiss Brain Institute and Strathcona Tweedsmuir. He is involved i
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Tourmaline Oil
Canadian petroleum and natural gas company
Tourmaline Oil is a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas. It is headquartered in Calgary, Alberta in Canada. A major natural gas producer, it became the largest natural gas producer in Canada in 2021. It is also the first Canadian oil and gas exploration and development company to directly engage in the liquified natural gas business.
Corporate overview
As of October 2021, Tourmaline was the largest natural gas producer in Canada, and the fifth largest natural gas producer in North America.[4] In Canada, the firm was also the second-largest producer of processed natural gas liquids, and the second-largest producer of natural gas condensate.[5]
Tourmaline primarily focuses on the Alberta Basin, Montney Formation, and Peace River oil sands.[6][7] Its product mix is 80 percent natural gas and 20 percent crude petroleum and natural gas liquids.[7][5] The company had 1,600 wells in
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