Mike Rose photo

2023 Canada’s Outstanding CEO of the Year® award recipient

Mike Rose

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. Rose founded Duvernay Oil Corp and became President and CEO. The company went from a private microcap to a public Intermediate Exploration and Production company with production of 27,000 (BOE/D) by 2008. Duvernay 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. Duvernay was sold to Shell Canada in 2008 for an enterprise value of CA$5.9bn.

Mr. Rose and his leadership team founded Topaz Energy in 2019 where Mr. Rose is currently Chairman. The company, a hybrid royalty and infrastructure vehicle, has a market capitalization in excess of CA$2.5bn, and is on the TSX index.

Mr. Rose is on the Advisory Board of the Hotchkiss Brain Institute and Strathcona Tweedsmuir and is involved in a wide range of volunteer and philanthropic pursuits with his wife, Sue, in the areas of youth education, health and sports. Significant philanthropic investments have been made in initiating several new community assistance programs and facilities in Calgary, in multiple education facilities across Canada, in a broad spectrum of medical research efforts, and in building baseball programs and related facilities across the country.

Learn more at tourmalineoil.com

Please note

Company names and biographical information here may reflect the role and activity held at the time of receiving the award.