#253: Steve Loukas (Obsidian) - Waterfloods, 14% Oil Recovery & Return of Capital in 2026
Greetings, and welcome back to the podcast. This episode, we are joined by Mr. Steve Loukas - CEO of Obsidian Energy - a TSX listed energy company with a market cap of approximately $600 million, and partner at FrontFour Capital Group - a value-based investment management firm. Stephen Loukas was appointed Interim President and Chief Executive Officer of Obsidian Energy Ltd. effective December 5, 2019 and elected to the Board of Directors following the 2018 Annual and Special Meeting. Mr. Loukas has vast experience in corporate transactions, capital markets and leadership. He is a partner, managing member, and portfolio manager at FrontFour Capital Group LLC, a value-based investment management firm. Mr. Loukas held roles including Director at Credit Suisse Securities where he was a Portfolio Manager and Head of Investment Research of the Multi-Product Event Proprietary Trading Group, and at Pirate Capital where he was a senior investment analyst. Mr. Loukas has also worked within the Corporate Finance & Distribution Group of Scotia Capital where he focused on the structuring and syndication of leveraged loans and high yield debt. Mr. Loukas started his career at restructuring firm Zolfo Cooper where he assisted corporate clients in the development and implementation of operational and financial restructuring plans. Mr. Loukas is a trustee of Cominar Real Estate Investment Trust, and received a B.A. in Finance and Accounting from New York University.Among other things we learned about Waterfloods, 14% Oil Recovery & Return of Capital in 2026.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Oilfield Rentals Platinum EndeavorsTreeline Well ServicesSupport the show
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1:16:24
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1:16:24
#252: John Dielwart (TransAlta/ARC Resources) - Building ARC Resources, 1st Montney Wells & Canadian Power Markets
Greetings, and welcome back to the podcast. This episode, we are joined by Mr. John Dielwart - Chairman of TransAlta a TSX listed ectricity generation and wholesale marketing company with a market cap of ~$7 billion. Mr. Dielwart was formerly Chief Executive Officer of ARC Resources Ltd., which owns and operates oil and gas properties in Western Canada. He oversaw the growth of ARC Resources from start-up in 1996 to a company with a total capitalization of approximately $10 billion at the time of his retirement. After his retirement from ARC Resources on January 1, 2013, Mr. Dielwart re-joined ARC Financial Corp. as Vice-Chairman and Partner. ARC Financial is Canada’s leading energy-focused private equity manager. In 2020, Mr. Dielwart resigned from the board but remained as Partner and member of ARC Financial’s Investment and Governance committees, and currently represents ARC Financial on the board of Aspenleaf Energy Limited.Mr. Dielwart has a Bachelor of Science with distinction (civil engineering) from the University of Calgary. He is a member of the Association of Professional Engineers and Geoscientists of Alberta and is a past-Chairman of the Board of Governors of the Canadian Association of Petroleum Producers. In 2015, Mr. Dielwart was inducted into the Calgary Business Hall of Fame and in 2018 he received the Oil and Gas Council’s Canadian Lifetime Achievement Award.Among other things we learned about Building ARC Resources, 1st Montney Wells & Canadian Power Markets.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Oilfield Rentals Platinum EndeavorsTreeline Well ServicesSupport the show
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2:04:16
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2:04:16
#251: Terry Etam (Energy Columnist) - Grid Stability, Canadian Pipelines & Why Public Opinion is Shifting
Greetings & welcome back to the podcast. This episode we are joined by Terry Etam - energy executive, best-selling author of the The End of Fossil Fuel Insanity & contributor to the boereport.com Terry’s wide range of energy experience includes executive level positions , writing best selling novels & hands on experience in the field. You can find Terry's writing on the boereport.com as well as his personal website publicenergynumberone.comAmong other things we learned about Grid Stability, Canadian Pipelines & Why Public Opinion is Shifting.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Oilfield Rentals Platinum EndeavorsTreeline Well ServicesSupport the show
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1:25:56
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1:25:56
#250: Murray Mullen (Mullen Group) - 75 Years of Logistics, NAFTA & Why Canada Needs Pipelines
Greetings, and welcome back to the podcast. This episode, we are joined by Mr. Murray Mullen - CEO of Mullen Group - a TSX listed logistics company with a market cap of ~$1.2 billion. Mr. Mullen joined the Company in 1977 after graduating from the University of Calgary with a Bachelor of Arts (Economics) degree and has served in various capacities with Mullen Group. Mr. Mullen has been instrumental in the growth of Mullen Group and has directed all of the acquisitions undertaken by Mullen Group.Among other things we learned about 75 Years of Logistics, NAFTA & Why Canada Needs Pipelines.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Oilfield Rentals Platinum EndeavorsTreeline Well ServicesSupport the show
Greetings, and welcome back to the podcast. This episode, we are joined by Lucy Hargreaves - CEO of Build Canada - a non-profit organization & civic movement seeking to drive economic growth and prosperity in Canada.Build Canada has expanded from policy memos to nationwide events, open-source tools (e.g., an AI "MP" for bill analysis and a trade barriers tracker), and campus chapters at over 15 universities, fostering a "builder movement" to make Canada the world's most prosperous nation. Lucy previously served as Vice President of Partnerships and Corporate Affairs at Patch, a San Francisco-based climate impact software startup, where she focused on corporate sustainability initiatives remotely from Canada. Lucy was Chief Government Relations Officer at Dairy Farmers of Canada, advocating for agricultural policy; an advisor at Invest Ottawa, supporting tech ecosystem growth; and a five-year parliamentary staffer for the Liberal Party, including two years as Chief of Staff to former Cabinet Minister Mona Fortier. Lucy earned a B.A. from the University of Toronto (Hons), and an MPA from Columbia University where she was an Fulbright Scholar. Among other things we learned about Cutting Spending, Lowering Regulations & Canadian Optimism.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Oilfield Rentals JSGEVASupport the show
Canada - english