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Current Opportunities

President and CEO – Petroleum Technology Research Centre

THE ORGANIZATION

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

 

THE OPPORTUNITY

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

 

THE MANDATE

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.

Key Accountabilities

  • Attract new funding and expand PTRC’s value:
    • Leverage PTRC’s history as a world leader in CCUS (CO2 storage and EOR MMV) to the advantage of the province of Saskatchewan and PTRC
    • Attract matching funding for research by working with federal, provincial and international government organizations
    • Increase industry sponsorship of research
    • Work across provincial boundaries to attract new funding
  • Representation and Marketing of PTRC:
    • Represent PTRC regionally, nationally, and internationally to showcase its value as a world leader in research, and increase funding
    • Provide technical and administrative leadership in research for the Heavy Oil Research Network (HORNET), Tight and Light Oil, and Aquistore
  • Board of Directors:
    • Work with Board on corporate strategy and set direction of organization
    • Develop and present quarterly reports at Board meetings
    • Update HR and Governance, and Finance committees quarterly on progress
  • Liaison with other related organizations:
    • Saskatchewan government partners: Innovation Saskatchewan, Ministry of Energy and Resources, Ministry of Environment, etc. on all matters related to CO2 storage and EOR
    • Federal government partners: NRCan, PrairieCan (formerly WED)
    • University of Regina Energy Systems Engineering
    • Saskatchewan Research Council
    • SaskPower
    • Industry sponsors: Cenovus, CNRL (board members)
    • Other oil and gas industry producers including but not limited to: Federated Coop, Whitecap, Crescent Point, Vermillion, Baytex, Serafina, Gear Energy
    • Researchers from universities and research organizations around the world
    • CCS Knowledge Centre
    • Saskatchewan Geologic Survey
    • PTAC, CRIN, Alberta Innovates, EPAC, CMC
    • Chambers of Commerce in: Estevan, Weyburn, Lloydminster, Regina, etc.
  • Corporate and Administration:
    • Develop and implement tactics to achieve the strategy and business goals.
    • Set direction, develop, and evaluate performance of all employees
    • Set annual operating budget
    • Administer all budget line items

 

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

 

Attractions

  • Grow a highly respected organization that is fundamental to future of oil & gas viability and environmental sustainability
  • Expand Canada -wide and international network of partnerships and support for PTRC
  • Grow and diversify the PTRC revenue mix

 

FIRST YEAR DELIVERABLES / MEASURES OF SUCCESS

Success in the first year will be determined by the candidate’s ability to:

  • Show early signals that the PTRC is growing with specific attention to continued success in the area of Carbon Capture, Utilization and Storage
  • Demonstrate efforts in developing stronger relationships within the Federal Government with a goal to increase and diversity the funding model
  • Focus in general on ensuring overall financial resources are growing
  • Continue to develop and maintain healthy, high-functioning relationships among core projects, partners and stakeholders within oil and gas industry
  • Increase the PTRC’s brand awareness levels in Saskatchewan and Alberta, its mandate, accomplishments, and value-proposition for the energy industry

 

CANDIDATE PROFILE

The successful candidate will have the following:

Education

  • A minimum of an undergraduate degree in an energy, clean technology, or science discipline
  • An MBA or similar designation

Experience

  • A minimum of 15 years of progressive experience in a combination of the energy industry, academia and government sectors
  • A track record of working with research and researchers, liaising with high level elected and unelected government personnel and senior energy industry and business representatives
  • Familiarity working and negotiating with external stakeholders in a mutually beneficial manner
  • Experience working on and with members of Boards of Directors
  • High degree of comfort in public speaking at conferences, symposiums, and related industry, government, and academic events
  • Experience in planning, budgeting, reading, and understanding financial statements and other operational reports, negotiating and managing funding contracts, research agreements, supply contracts and related business transactions, etc.
  • Track record of leading teams of technical and non-technical personnel, hiring, setting, and evaluating performance standards, developing staff and dealing with people issues
  • Involvement in professional, academic, community and business organizations and networks

Competencies and Attributes

  • An impeccable reputation for integrity and reliability
  • A forward-looking visionary leader
  • An energetic, results-focused and assertive but not aggressive, leadership style combined with patience and perseverance
  • Diplomacy, negotiation, marketing and sales skills – ability to close deals on more funding.
  • An ability to gain the trust, respect and confidence of team members, external stakeholders and the Board of Directors
  • Encourages initiative and a culture of openness and transparency
  • A passion for the energy industry and an optimistic and positive attitude

 

EQUAL OPPORTUNITY

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.


How to Apply:

Please send your resume in Word or PDF format to: msimpson@optimumtalent.com. Copy and Paste the following job title and code and place it in the subject line of your email so we can identify the job and confirm receipt of your application:
ADEY-377318 President and CEO – Petroleum Technology Research Centre - SK - Regina (OTIAPPLY)

Please note that only those candidates meeting the selection criteria, established by our client, will be contacted further. Although we may not contact you directly for this particular role, all applications will be reviewed as we would like to consider you for future opportunities that may be appropriate. We encourage you to continue to visit our website at optimumtalent.com as our opportunities are updated on a regular basis.