Mike Rose
Chair, President & CEO
Tourmaline Oil
Michael Rose, a geologist, has more than 47 years of experience in the oil and natural gas industry. He began his career at Shell Canada in 1979, where he was employed for 14 years in various exploration and production positions and 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., the Company grew from a microcap to an Intermediate EP company with production of 42,000 boepd. Berkley, one of Canada’s premier explorers in the 1990’s, was sold to Anadarko Petroleum in March 2001 for an enterprise value of $1.6 billion.
In July 2001, Mike founded Duvernay Oil Corp. As President and CEO, he and his team grew the company from a private microcap to a public Intermediate Exploration and Production company with production of 27,000 boepd by 2008. Duvernay was one of Canada’s most active and successful EP 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 August 2008 for an enterprise value of $5.9 billion.
Mike founded Tourmaline Oil Corp. in September 2008 as a private oil and gas company. Tourmaline went public in November 2010 and is now Canada’s largest natural gas and ngl producer, producing over 650,000 boepd. Mike is President, CEO and Chairman of Tourmaline.
Mike and his leadership team founded Topaz Energy in 2019 and Mike is currently Chairman. The company, a hybrid royalty and infrastructure vehicle, has a market capitalization in excess of $3.5 billion, and is on the TSX index.
Mike is on the Advisory Board of the Hotchkiss Brain Institute and Strathcona Tweedsmuir School 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 to initiate 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.
Mike was awarded the Stanley Slipper Gold Medal Award by the CSPG, a lifetime achievement award in 2021 by the World Oil Council, the Queen Elizabeth II Platinum Jubilee Medal by the Province of Alberta in 2022, T. Patrick Boyle award by the Fraser institute in 2023. He is a past honouree of Canada’s Top 40 Under 40, and was recognized in 2023 as Canada’s Outstanding CEO of the Year.
