About Tuktu Resources Ltd.
An industry leading technical and operational team with direct experience owning and developing profitable assets.
Driving Competitive Advantage with Innovation and Expertise
- New pools/new areas/low cost: We operate in regions that have been less active, leveraging lower competition and reduced costs, resulting in favourable acquisition metrics.
- A focus on Conventional Reservoirs: These have greater natural permeability and effective porosity that generally exceed those of unconventional reservoirs. Such reservoirs may need less (if any) fracture stimulation, thus are less costly to exploit.
- Advanced Technical Expertise: Leveraging complex foothills drilling technologies to tap into structured deep-basin, allowing Tuktu to operate in plays that are a natural fit for the team’s unique skill set.
Management Team
- Industry leading technical and operational team with direct experience owning and developing profitable assets.
- Team has successfully executed this junior growth model with previous companies.
- Team is ideally positioned to operate Deep Basin assets as a ‘focus’ area and drive long-term shareholder value.
Tim De Freitas
President, CEO & Director
Read Bio- 25+ years experience, including the founding of five previous oil and gas companies with assets both in Canada and globally, with direct experience in the Foothills via Talisman Energy Inc. (“Talisman”) and Ikkuma, in addition to a breadth of experience at British Gas and ExxonMobil prior thereto.
- Previous experience in both CEO and COO roles, with an educational background in mathematics, geology, and geophysics.
Mark Smith
VP, Finance & CFO
Read Bio- Chartered Professional Accountant with 20+ years experience in oil and gas companies.
- Prior experience in CFO roles including the start-up and management of E&P, midstream, and royalty companies both domestically and internationally.
Greg Feltham
VP, Exploration
Read Bio- 20+ years experience in structural exploration and development, specializing in fractured reservoirs.
- Prior experience within the original Talisman Foothills team, including being involved in a number of acquisitions and drilling of >50 horizontal Foothills wells in the Western Canada Sedimentary Basin.
Kent Busby
VP, Production
Read Bio- 30+ years experience in central Alberta, focused in both construction and oilfield operations, including the management of >200 field employees.
- Member of the current technical/operations team for 10+ years, with various field roles at Pieridae Energy Ltd (“Pieridae”), Ikkuma, and Manitok, inclusive of managing three large deep cut gas plants and merging Shell’s field operations into Pieridae.
Sumir Saini
VP, Land & Business Development
Read Bio- 20+ years experience, in various management, land & business development roles.
- Most recently, President of Empire Oil Corp. Previously Vice President, Land of Mount Bastion Oil & Gas Corp. and prior thereto, held various roles of increasing responsibility at Bellatrix Exploration Ltd. (and its predecessor, True Energy Trust).
- Involved in >$1 billion in M&A transactions.
Corporate Governance
Kathleen Dixon
Chairperson
Read BioKathleen Dixon, PGeo, MBA is a former Director with BMO Capital Markets in the Acquisitions and Divestitures group where she was part of over $20 billion in energy sector transactions. Kathleen was as an area geologist for CNRL and Iteration Energy. In 2019, Kathleen was a candidate in Vancouver for the Conservative Party of Canada. After the election, she returned to BMO and completed her ICD.D designation. Kathleen currently sits on three private company and not-for-profit boards.
Tim De Freitas
President, CEO & Director
Read Bio- 25+ years experience, including the founding of five previous oil and gas companies with assets both in Canada and globally, with direct experience in the Foothills via Talisman Energy Inc. (“Talisman”) and Ikkuma, in addition to a breadth of experience at British Gas and ExxonMobil prior thereto.
- Previous experience in both CEO and COO roles, with an educational background in mathematics, geology, and geophysics.
Bob Dales
Director
Read BioBob was founder and co-founder of Kelt Exploration Ltd., Celtic Exploration Ltd., Peyto Exploration and Development Corp., Amarok Energy Inc., and Manitok, with decades of public company experience in the oil and gas sector at both the executive and board level.
William Guinan
Director
Read BioWilliam C. (Bill) Guinan practiced law primarily at Borden Ladner Gervais LLP from 1982 until 2021. He has extensive experience with corporate governance and corporate finance matters as well as with mergers and acquisitions transactions, serving as director and as corporate secretary for numerous public and private corporations over the last 30 years. He holds a Bachelor of Business Administration from Acadia University (1977) and an MBA and LLB from Dalhousie University (1982).
Natalie Sweet
Director
Read BioNatalie L. Sweet is a Professional Geologist with 25 years of exploration and development experience in the petroleum industry. She has held senior technical and leadership roles at several public and private corporations including Penn West Exploration Ltd., Apache Canada Ltd. and Mount Bastion Oil and Gas Corp. Ms. Sweet holds a Bachelor of Science in Geology from Queen’s University (1991) and a Master of Science in Earth Sciences from the University of Ottawa (1995).