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The Petroleum Technology Research Centre (PTRC) is a not-for-profit corporation founded in 1998 by the Government of Saskatchewan, the Government of Canada (Natural Resources Canada), the University of Regina, and the Saskatchewan Research Council. It is located in the Innovation Place Research Park in Regina, Saskatchewan. The PTRC facilitates and manages research and development (R&D) and field demonstration projects in enhanced oil recovery and carbon-dioxide utilization and storage. By proving out technology to reduce the carbon footprint and increase the production of subsurface energy, PTRC seeks to support industry, governments and research providers to realize their environmental, social and governance needs.
In the past two preceding fiscal years PTRC has had recognized revenue ranging from $3.6 million (2019) and $4.75 million (2020) while operating at a slight loss in each of these two years. PTRC primary sources of revenue include the Government of Saskatchewan and the Petroleum Industry. Aligned with the province of Saskatchewan’s Growth Plan and well supported, the organization has approximately $2.3 million in net assets as of end of fiscal 2020. Its small, highly respected, capable team are guided by PTRC’s Mission, Vision and Goals (2020).
Mission – Be the incubator, accelerator and developer of research and innovation to reduce the carbon footprint and increase the production of subsurface energy.
Vision – Be the leader in research and innovation to develop sustainable and environmentally – responsible energy.
PTRC core research areas include: Heavy Oil Enhanced Oil Recovery (HORNET); CO2 Storage and Utilization (Aquistore); CO2 EOR (Weyburn-Midale CO2 monitoring and Storage Project; Tight and Light oil CO2 EOR project. The organization has goals to: sustain and grow a vibrant energy industry in Saskatchewan; support additional Carbon Capture Usage and Storage initiatives; and aligned with other organizations to develop CO2 emissions reduction research plans that include CO2 storage, Enhanced Oil Recovery, distribution and other uses.
With the incumbent CEO announcing his retirement date, the Board of Directors has struck a CEO Selection Committee to select the next CEO on behalf of the Board.
You can learn more about the Petroleum Technology Research Centre at www.ptrc.ca
Job Title: President & CEO
Reports to: Board of Directors (via the Board Chair)
Direct Reports: 4- Chief Financial Officer(contract); Director of Communications; Director of Operations; Financial Operations Coordinator
Indirect Reports: 3 –Project Manager & Coordinator; Administrative Coordinator (part-time)
Location: Regina, Saskatchewan
Reporting to the Board of Directors, the CEO manages an annual research and operating budget averaging about $4 million in recent years with funding provided by industry and government sponsors. Funds are allocated over 3 main research areas (Heavy Oil, Tight and Light Oil and CO2 storage/sequestration). The CEO leads a current staff of 7, located in offices at Innovation Place at the University of Regina campus. The underlying mandate is to grow the scope and impact of the PTRC.
Opportunities and Challenges
Carbon capture, utilization and storage(CCUS) is an increasingly sought after and prominent area of research, and is a legacy strength of PTRC. This is an exciting opportunity to position the PTRC to be a leader, regionally, nationally, and internationally
The PTRC has a small and excellent core team that is very technically adept. The organization needs to maintain this team of subject matter experts and build an increasingly cohesive, high performing environment within which the team members can thrive
The PTRC is a relatively small organization so size and scale can be limiting factors for growth. The new CEO is mandated to grow the organization, order of magnitude growth in 3-5 years is 2x
FIRST YEAR DELIVERABLES / MEASURES OF SUCCESS
Success in the first year will be determined by the candidate’s ability to:
The successful candidate will have the following:
Competencies and Attributes
Petroleum Technology Research Centre is committed to equity, diversity and inclusion and recognizes that a diverse team benefits and enriches our work and is essential to operational excellence. We welcome applications from all qualified individuals and encourage women, members of racialized communities, Indigenous persons, persons with disabilities, and persons of any sexual orientation or gender identity to confidentially self-identify at time of application. In accordance with provincial legislation, accommodation will be provided by Optimum Talent and Petroleum Technology Research Centre throughout the recruitment, selection and/or assessment process, upon request, to applicants with disabilities. All qualified candidates are encouraged to apply.