At Best Startup Canada we track over 100,000 Canadian startups and over 500,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and board members we think deserve more appreciation than they are currently getting.
This list showcases the top Alberta based CFO’ operating in the Energy space. If you think a CFO’ is missing from this list, feel free to contact our editor on [email protected].
The individuals on this list have been included because of exceptional performance in one of the following categories:
- Innovation – Operating as a key part in an extremely innovative business or startup.
- Growth – Operating as a key figure in the growth and upscale of a market leading business or startup.
- Management – Showing exceptional management skills.
- Societal impact – Putting their business on the map for their positive societal or environmental impact.
Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.
Senior Vice President of Finance & Chief Financial Officer of Horizon North Logistics
As Senior Vice President Finance and CFO of Horizon North, Scott oversees the finance and accounting, tax and treasury, and reporting functions. He has been with Horizon North since its public launch in 2006 as the Corporation’s first Controller, Operations Finance. From 2005 to 2006 Scott was Group Controller, Canada for Precision Energy Services. Prior thereto, he was Manager, Financial Reporting & Analysis for Precision Energy Services from 2002 to 2005. Scott has a degree from the University of Calgary. Scott articled with KPMG LLP in Calgary, Alberta and obtained his Chartered Accountant designation in 1998.
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About Horizon North Logistics: Horizon North offers full service solutions supporting remote operations for LNG.
Chief Financial Officer of Canbriam Energy
Larry was appointed Chief Financial Officer in January 2019 and is responsible for all finance, accounting and risk management functions within Canbriam. Larry joined Canbriam in 2007 as Controller and was promoted to Vice President, Finance in 2014. Prior to joining Canbriam, Larry held the position of Manager of Financial Accounting at Pengrowth Energy Trust, as well as various accounting roles within the oil and gas industry. He has a Bachelor of Commerce degree from the University of Lethbridge and is a member of the Chartered Professional Accountants of Alberta.
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About Canbriam Energy: Canbriam Energy Inc. is a private intermediate exploration and production company.
Chief Financial Officer of Wolf Midstream
Prior to founding Wolf, Warren was Finance Manager of Mistral Energy Inc., Controller for Sea NG Corporation, and held domestic and international senior finance and accounting manager positions with Solex Development Corp., Apache Canada, and Fletcher Challenge Energy. Warren has been responsible for and, has insight into, all aspects of financial management, domestic and international activities, internal and external reporting, compliance and a long history of growing entities within the midstream sector. His work is consistently approached with the customer in mind. Warren holds a Bachelor of Commerce from the University of Calgary (1991) along with a Certified Management Accountant designation in the province of Alberta.
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About Wolf Midstream: Wolf Midstream is a private company based in Calgary dedicated to building, owning, and operating energy infrastructure.
CFO of Vesta Energy
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About Vesta Energy: Vesta Energy is a privately owned oil and gas company focused on the development of commercial shale oil properties.
Vice President, Finance and Chief Financial Officer of Niko Resources
Mr. Valk has 27 years of finance experience with international exploration and production companies in Canada, Indonesia and the United States, including ConocoPhillips, Gulf Indonesia, and Gulf Canada. Mr. Valk is a Chartered Accountant and holds a Bachelor of Commerce from the University of Alberta. Mr. Valk joined Niko as Corporate Treasurer in August 2012 and was appointed to his current position effective January 1, 2013.
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About Niko Resources: Niko is a Calgary Canada based independent international oil and gas Company ,
Co-Founding Member, SVP & Chief Financial Officer of RimRock Oil & Gas
Andre has 15 years of investment and upstream oil & gas experience. Andre co-led corporate development activities for Talisman Energy Inc. including the diligence process for executed sale of TLM ($13 Bn transaction). In addition, Andre managed financial, commercial, and performance management activities for TLM North American Shale division investing over $2 Bn annually. Prior to joining TLM, Andre was a VP of McLean Budden Ltd, a $40 Bn public investment management firm, covering energy equities globally. Andre has a MBA Harvard Business School, BComm Univ. of Saskatchewan, CFA, CMA, CPA
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About RimRock Oil & Gas: RimRock Oil & Gas, LP is an independent oil and gas company focused on the acquisition and development of North American oil and gas assets.
Chief Financial Officer of Velvet Energy
Christopher Theal is the Chief Financial Officer of Velvet Energy Ltd. Prior to joining Velvet in February 2015,Christopher Theal was the founder of Kootenay Capital Management Corp., which managed a long/short energy hedge fund. Previous to founding Kootenay in 2011, Christopher Theal was a top-ranked oil and gas analyst for thirteen years, heading the global oil & gas team as Global Coordinator, Oil & Gas Research, at Macquarie Securities. Christopher Theal was a founding Capital Markets partner, Head of Energy Research and member of the Executive Committee at Tristone Capital – a global energy investment boutique – prior to Macquarie acquiring Tristone in 2009. Prior thereto, Christopher. Theal was an oil and gas analyst at CIBC World Markets. Christopher Theal is a CFA Charterholder and holds the CIM designation. He has a MBA in Finance, from the University of British Columbia, and an undergraduate degree in economics, with distinction, from Royal Roads Military College and is a former Naval Officer in the Canadian Armed Forces. Christopher Theal currently volunteers as the President of the Royal Military Colleges of Canada Foundation.
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About Velvet Energy: Velvet Energy is an energy exploration company that explores for, develops, acquires, and produces crude oil and natural gas in Canada.
Manuel E Ortiz
Vice President & Chief Financial Officer of Syncrude
Manuel Ortiz was appointed Syncrude’s Chief Financial Officer and Vice President, Business Services, in June 2014. Manuel oversees the organization’s Procurement, Facilities Management, Security, Information Technology, Aviation, Internal Audit and Controllers departments. Prior to joining Syncrude, Manuel spent three years in Buenos Aires, Argentina, as the Lead Controller and Financial Accounting & Reporting Manager. During his 28 years of experience with ExxonMobil, Manuel has held various positions in finance, audit, controllers, procurement, projects and mining. His career has also brought him to work and live in countries such as Argentina, Colombia, Italy, Cameroun, Belgium, Brazil, Chile and the United States. Originally from Colombia, Manuel has a Master’s in Business Administration from State University of New York, and an Industrial Engineering degree from Pontificia Universidad Javeriana in Colombia. He is married with three children.
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About Syncrude: Syncrude is a largest operators in Canada’s growing oil sands industry.
Chief Financial Officer of Green Impact Partners
Kathy Bolton is the Chief Financial Officer at Green Impact Partners Inc.
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About Green Impact Partners: Green Impact Partners is a clean technology and transition energy company.
Vice-President, Finance & Chief Financial Officer of Aveda Transportation and Energy Services
Before joining Aveda, Bharat Mahajan was the CEO of NavNet Inc., a private company that designs, develops and manufactures home automation solutions. Prior thereto, his distinguished career included several positions with Magna International, where he was responsible for launching two successful divisions and overseeing various international growth initiatives. Mahajan was also CFO for WellPoint Systems Inc., an oil and gas software company, and vice president of finance and the CFO for Norex Exploration Services Inc., a seismic exploration company. Mahajan holds a Bachelor of Arts degree from the University of Toronto and is a chartered accountant.
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About Aveda Transportation and Energy Services: Aveda Transportation and Energy Services is the largest rig moving company in north america.
Vice President, Finance & CFO of Manitok
Mr. Dion has over 20 years of financial experience in the petroleum industry holding various managerial positions during that time. He graduated from the University of Saskatchewan in 1988, with a Bachelor of Commerce degree and has been a member of the Institued of Chartered Accountants of Alberta since 1991. Most recently, Mr. Dion was Finance Manager at Compton Petroleum from September 2003 to January 2010 where he was involved in the issuance of debt and equity securities, corporate acquisitions and restructuring. Prior to that, Mr. Dion held various senior financial positions at Canadian Natural Resources, Rio Alto Exploration, and Nexen.
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About Manitok: Manitok Energy Inc. is a public oil and gas exploration and development company.
Chief Financial Officer of Pengrowth Corporation
Chris joined us in 2000 and was appointed Treasurer in 2001. In March 2005, Chris was appointed Chief Financial Officer. Prior to joining us, he held a variety of progressively senior accounting and finance positions within the petroleum industry. Chris graduated with a Bachelor of Commerce Degree from Concordia University, and holds both the Certified General Accountant (CGA) and the Chartered Financial Analyst (CFA) designations.
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About Pengrowth Corporation: Pengrowth Energy Corporation is an intermediate Canadian oil and natural gas producer with over 27 years of operating history
Chief Financial Officer of Wentworth Resources
Mr. Mierendorf is a Chartered Accountant and has worked in the international oil and gas industry for over 15 years. Prior to joining Wentworth, Mr. Mierendorf was Chief Financial Officer of Sonoro Energy Ltd., a Canadian based public company with start-up operations in Iraq. Before this, Mr. Mierendorf held the position of Corporate Controller for Buried Hill Energy, a private company with exploration and appraisal operations in The Gambia and Turkmenistan regions. Mr. Mierendorf also spent 6 years in Doha, Qatar as Middle East Finance Manager for Anadarko Petroleum Corporation.
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About Wentworth Resources: Wentworth Resources is an East African upstream and midstream oil and gas company.
Chief Financial Officer & Senior Vice President of Nexen
Una was appointed Chief Financial Officer in February 2013 after serving as Interim Chief Financial Officer since January 2012. Una is responsible for overall financial management of the company. In addition to her duties as CFO, she is also responsible for Corporate Planning, Business Development, Marketing and Information Technology. Una has spent a significant portion of her career at Nexen, where she has held various roles including Senior Vice President, Corporate Planning and Business Development, a position that included accountability for expanding and optimizing Nexen’s global portfolio of assets. She was also responsible for managing and developing Nexen’s long term plans and annual operating budget. From 2002 to 2009, Una served as Treasurer. During that time, she completed multiple debt financing arrangements including a $2 billion facility acquisition as well as an initial public offering for Nexen’s chemicals business. She also worked as Controller, Manager of Investor Relations and as an accounting supervisor in Yemen for the Masila Project. Prior to joining Nexen, Una held a variety of positions in public accounting firms. She obtained a Bachelor of Commerce Honours Degree from Memorial University in Newfoundland. She has earned her designation as a Chartered Accountant and Chartered Financial Analyst. She has also completed executive development programs at Wharton Business School in the United States and INSEAD in Fontainebleau, France. Una also serves on the Board of Directors of Kinross Gold Corporation, a Canadian-based gold mining company. In 2014, Una was named one of the top most powerful women in Oil and Gas by the National Diversity Council. In October 2013, Una was selected to join Women On Board®, a Catalyst Initiative, which combines the power of mentorship and sponsorship to promote the appointment of women to corporate boards. Una currently sits on the Board of Governors for Strathcona Tweedsmuir School.
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About Nexen, Nexen: Nexen is an upstream oil and gas company responsibly developing energy resources in the UK North Sea.
Chief Financial Officer of CWC Energy Services
Craig is a Chartered Accountant with over 24 years of accounting, finance and energy related experience. From 1998 to 2014, Craig was with Superior Plus Corp. and its subsidiaries in various capacities including Vice President, Finance of Superior Propane; Vice President, Business Development & Compliance at Superior Plus Corp., Corporate Controller at Winroc; and Team Leader, Tax & Treasury at Superior Plus Income Fund. Craig has corporate development, corporate tax, cost management, financial and treasury management experience and has been involved in analyzing, completing due diligence, structuring, executing and integrating acquisitions totaling $1.9 billion during his time at Superior. Prior thereto, Craig spent 7 years in assurance and tax with PricewaterhouseCoopers.
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About CWC Energy Services: CWC They are leading the way in the oilfield service industry with our innovative delivery of a complete range of oil and gas services.
Kelly A. Tomyn
Chief Financial Officer of Eagle Energy Trust
Ms. Tomyn has over 23 years of experience in the oil and gas industry developing and executing financial strategies primarily for publicly traded companies. Ms. Tomyn is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Saskatchewan.
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About Eagle Energy Trust: Eagle Energy Trust is a publicly traded exploration and production company, focusing primarily in the Salt Flats area.
Brad R. Perry
Chief Financial Officer of Forent Energy
Mr. Perry is a Certified Management Accountant with a Bachelor of Commerce degree from Saint Mary’s University in Halifax, Nova Scotia. He has 25+ years of oil and gas experience including 18+ years as the CFO of several junior oil and gas exploration and development companies listed on the TSX and TSX Venture Exchanges including Corridor Resources Ltd. in Halifax and, most recently, Tuscany Energy Ltd. in Calgary. Mr. Perry brings significant governance, strategy, reporting, analysis and M&A experience to Forent.
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About Forent Energy: Forent Energy is a junior oil and natural gas producer focused on near-term growth.
Senior VP Finance & CFO of Western Energy Services
Mr. Bowers, a founder of Western, is a Chartered Accountant and has over 23 years of financial experience in the oilfield services industry domestically and internationally. Since April 2008, Mr. Bowers held the position of Vice President Finance and CFO with Horizon Drilling Inc. Previously, Mr. Bowers was the Chief Financial Officer at FracSource Inc. prior to its divestiture in 2008. Prior to that he was employed at Precision Drilling Corporation for five years, initially with Computalog Ltd. followed by three years as Group Controller, Canada for Precision Energy Services. Prior to Precision Drilling Corporation, Mr. Bowers worked for Nowsco Well Service Ltd. in various capacities including Controller of Canadian Operations and Controller of Nowsco’s Asia Pacific Operations
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About Western Energy Services: Western Energy Services Corp. is an oilfield service company which provides contract drilling services in Canada.
Vice President, Finance and Chief Financial Officer of Ember Resources
Mr. Ryan is a Chartered Accountant (CA) and a Chartered Financial Analyst (CFA) with over 25 years of energy industry experience. Prior to joining Ember in 2005, he held senior finance positions with Drilcorp Energy Inc., Lateral Vector Resources Inc. and Vista International Petroleums Ltd., all publicly traded energy companies. Mr. Ryan graduated with a Bachelor of Administration Degree in 1981 from the University of Regina, earned a CA designation in 1984 while articling with Deloitte and is a Chartered Financial Analyst.
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About Ember Resources: Ember Resources is Canada’s largest producer of coalbed methane with over 300 million cubic feet a day of natural gas production from coals.
CFO & Corporate Secretary of Aspenleaf Energy
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About Aspenleaf Energy: Aspenleaf Energy Ltd is a an oil and gas production company.
Senior Vice President & Chief Financial Officer of Kaisen Energy Corp.
Over 15 years of oil and gas experience, prior to Kaisen serving as VP Finance and CFO at WestFire Energy -Previously with ProEx Energy Ltd., Progress Energy Ltd., Rodinia Oil (VP CFO) and PetroFrontier Oil (VP CFO), extensive involvement with capital market development and financial oversight -Began career with Ernst & Young LLP with a focus on domestic and international oil and gas.
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About Kaisen Energy Corp.: Kaisen Energy engages in the exploration, development and acquisition of conventional heavy oil assets in Western Canada.
CFO of Eavor
Ryan Michaluk serves as the Chief Financial Officer at Eavor Technologies.
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About Eavor: Eavor is a technology based energy company that provides a clean, carbon-neutral, scalable, baseload power solution.
Chief Financial Officer & Senior Vice President Corporate Services of Access Pipeline
As Vice President of Corporate Services, Randy is responsible for providing strong leadership and direction to Finance, Human Resources, Procurement, Information Technology and Office Services including defining reporting structures, clarifying goals, allocating resources, overseeing business activities and along with the other VP’s is a member of the Executive Leadership Team. Senior executive with almost 25 years experience in business and finance across a range of industries including working closely with many pipelines as well as oil and gas companies. Randy has an in-depth knowledge in organizational design, financial management, business planning. Randy possesses broad-based management skills, with strong planning, financial, communication, team building and decision making skills.
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About Access Pipeline: Access Pipeline operates a heavy oil transportation pipeline network servicing facilities in the northeastern region of Alberta.
Vice President Finance & Chief Financial Officer of Pulse Seismic
Pamela Wicks joined Pulse Seismic Inc. in 1998 as Controller, was promoted in 2007 to Vice President of Finance, and was appointed Chief Financial Officer in March 2010. Pam has extensive experience conducting and negotiating complex financial deals and transactions. She was the finance lead for a significant asset purchase transaction in 2010 that doubled Pulse’s 3D seismic data library and led to a substantial increase in market capitalization and enterprise value. As CFO, Pam plays a significant role in investor relations for Pulse, including meeting with institutional investors and discussing financial results with industry analysts. Prior to joining Pulse, Pam held accounting positions within the Canadian east coast offshore oil and gas industry. She graduated from Memorial University of Newfoundland in 1987 with a Bachelor of Commerce Degree and obtained the designation of Certified Management Accountant in 2001.
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About Pulse Seismic: Pulse Seismic Inc. is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data.
M. Darlene Wong
Vice President, Finance, Chief Financial Officer, Secretary of Anderson Energy
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About Anderson Energy: Anderson Energy Inc. is a resource-based oil and gas development company.
Shane K. Abel
Vice President, Finance & Chief Financial Officer of Lone Pine Resources
Mr. Abel was promoted to the position of Vice President, Finance & Chief Financial Officer in June 2013. Mr. Abel had held the position of Vice President, Finance & Treasurer since July 2011. From July 2003 to June 2011, Mr. Abel worked at BMO Capital Markets, a Canadian bank-owned full service investment dealer, where he most recently held the position of Vice President, Investment & Corporate Banking. Mr. Abel graduated with a Bachelor of Commerce degree in Honours Finance and Accounting from the University of Saskatchewan in 2003 and is a CFA Charterholder.
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About : Lone Pine is a private company engaged in the exploration and development of natural gas and light oil in Canada.
Chief Financial Officer of Strad Energy Services
Shane holds a Bachelor of Arts in Economics from the University of Manitoba and has over 20 years experience as a leader in successful organizations. Prior to moving into the oil and gas industry, Shane spent 13 years in the consumer packaged goods sector working with Nestle and General Mills. In 2007, he changed industries and joined Strad as the Sales & Marketing Manager before being promoted in 2008 to an ever expanding role in operations as a General Manager. By 2011, he was promoted to Vice President of Drilling Services Canada and then advanced again in 2012 to the Senior Vice President role to oversee Canadian operations. In 2014, Shane was promoted to Chief Operating Officer. With the pattern of being promoted again and again into higher roles and harder challenges, Shane’s determination has achieved exponential growth for every business unit and team he has worked with at Strad. Shane and his family are active members in their community and volunteer with Inn from the Cold and Heart & Stroke Foundation of Canada.
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About Strad Energy Services: Strad Energy Services is a provider of energy services and solutions.
Chief Financial Officer of Osum
Victor Roskey brings a diverse mix of senior oil and gas finance expertise and proven leadership skills to Osum. He has extensive experience in investment banking, mergers and acquisitions, project finance, private equity and capital restructurings. Victor Roskey has held senior management roles with both resources companies and financial institutions, and has served on a number of public and private company boards.
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About Osum: Unlocking Canada’s unrealized bitumen resource potential
Chief Financial Officer of Crown Point Ventures of Crown Point Energy
Chief Financial Officer of Crown Point Ventures Ltd. from October 2009. President of 554492 Alberta Ltd. (a private company providing consulting services to the energy sector since 1993). Madden was Vice President Finance, Chief Financial Officer, and Director of Adamant Energy Inc. (a private oil and gas company) from July 2004 to May 2008. Madden was Vice President, Finance, and Chief Financial Officer of Cavell Energy Corporation (a public oil and gas company) from June 1994 to July 2004. Madden, C.M.A., M.B.A., ICD.D has a Certified Management Accountant designation, Masters of Business Administration from Queens University as well as certification from the Institute of Corporate Directors. Madden is a member of Financial Executives International.
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About Crown Point Energy: Crown Point Energy is a Calgary-based junior international oil and gas company with cash flow from production.
CFO of Lumican
Christopher Ozdoba is the chief financial officer of Lumican LED.
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About Lumican: Lumican provides energy management systems and end-to-end LED lighting retrofit solutions.
Vice President, Finance & Chief Financial Officer of Canadian Spirit Resources
Dean Hill, BComm CA, is the Vice President, Finance & Chief Financial Officer. Dean, a Chartered Accountant, holds a Bachelor of Commerce degree from the University of Alberta and brings to CSRI a depth of financial and accounting experience in the oil & gas, heavy equipment and financial services industries. Prior to joining CSRI, Dean was VP, Finance & Administration for a private heavy equipment supplier with cross border operations. Other experience included roles as Compliance Manager with an accounting & consulting firm, and Financial Controller of a multi-national natural resource/financial company. Dean achieved his CA designation in Alberta followed by extensive audit and consulting assignments in the oil & gas industry as well as in the financial services industry, both in Calgary and internationally.
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About Canadian Spirit Resources: company focused on the exploration and production of natural gas in the Montney Formation of Northeast British Columbia.
Chief Financial Officer of Capital Power
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About Capital Power: Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta.
C. Dean Setoguchi
Senior Vice President and CFO of Laricina Energy
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About Keyera, Laricina Energy: Since its founding in late 2005, privately-held Laricina has advanced two grassroots oil sands exploration plays through the technical