About Tuktu Resources Ltd.
An industry leading technical and operational team with direct experience owning and developing profitable assets.
Our Strategy
Growing our production by:
- Develop Tuktu’s existing de-risked oil resource plays to their full potential
- Consolidate land base and extend plays beyond current boundaries
- Plan and execute development plan to reach ~2000 BOPD withing 5 years
- Employ existing 3D data to extend exploration success in the Upper Banff SS Play
- Relentless focus on current technology and innovation in Alberta resource play development to continuously improve operations efficiencies and drive down costs
Where We Operate
Tuktu’s Alberta based Monarch light oil asset anchors our investment upside:
High-Quality Assets Positioned for Success
- Monarch: Three proven light oil zones: Upper Banff, Lower Banff and Big Valley
- Light quality oil of 32 API
- Low decline asset base (<10% decline)
- 100% owned and operated infrastructure, year-round access
- Growth opportunity to >2,000 bbl/d
Consolidated Land Base
- 80,000 gross acres with 92% avg WI
- Monarch: 45,000 gross acres with 90% avg WI, 92% undeveloped
- Land consolidation and expansion options
Scale and Growth Opportunity
- Upper and Lower Banff resource play extends beyond existing assets
- Resource de-risked with 21 Hz wells drilled from 2011-2014
- Large OOIP with current RF<1%, can be increased to >10% with down-spacing
- 80-100 new well locations identified within current assets
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.
Jeremy Hodder
President & CEO
Read BioMr. Hodder has held senior leadership positions at Capillary Resources Corp., as President and Chief Executive Officer, ARC Financial Corp., as Executive Consultant, Primavera Resources Corp., as Vice President, Operations and Petronas Canada as Director of its Construction, Drilling & Completions group.
Craig Wall
Vice President, Finance & CFO
Read BioCraig Wall is a Chartered Professional Accountant with more than 20 years of experience in the oil and gas industry. He has held CFO roles involving the start-up and management of exploration and production (E&P) companies, initial public offerings (IPOs), and the auditing of public and private companies in domestic and international markets.
Richard Harris
Vice President, Geoscience
Read BioRich brings more than 25 years of exploration and resource development experience in Canada and international basins. He leads the company’s subsurface strategy, integrating geology, geophysics, petrophysics, and reservoir engineering to optimize capital allocation and long‑term asset value. Prior to joining the company, Richard held senior technical roles at a mid-sized Colombian focused E&P, where he oversaw drilling and exploration programs in the Llanos Basin. Richard is a registered Professional Geoscientist in Alberta, and holds an M.Sc. in Geology from the University of British Columbia and an B.Sc. Eng. in Geology from Queen’s University.
John Lamacchia
Vice President, Operations
Read BioJohn is an accomplished energy industry executive with more than 40 years of experience across operations, production, drilling, completions, reservoir management, engineering, and business development. Known for combining technical expertise with strong industry relationships, he has a proven track record of driving operational excellence, developing strategic partnerships, and delivering business growth. John is respected for building collaborative, high-performing teams and aligning field and corporate objectives to achieve exceptional results. John received his Reservoir Engineering Technology Diploma from SAIT and became a member of APEGA in 2003 where he received his P.L. (Eng) designation.
John started his career at Shell Canada Resources Ltd. and has worked at numerous companies including Encor, Charger, Capitol Energy, Manitok and Grizzly Resources.
Aaron Rodatz
Vice President, Land and Business Development
Read BioAaron has over 20 years of experience in the oil and gas industry in domestic and international roles. Previous experience with Talisman Energy, Nexen, Artumas Group, Whitecap Resources and Serafina Energy with a focus on mineral land, commercial negotiations and business development. Mr. Rodatz graduated from the University of Calgary with a Bachelor of Commerce and is a member of the Canadian Association of Land and Energy Professionals (CALEP).
Brad Makowecki, P.Eng
Vice President, Engineering
Read BioBrad serves as Vice President, Engineering at Tuktu Resources, bringing more than 20 years of Western Canadian oil and gas experience in production, reservoir and exploitation engineering. Prior to joining Tuktu, he worked at Crew Energy, contributing to Montney development planning, reserves evaluation, operations, water management and infrastructure initiatives. He previously held engineering roles with Bellatrix Exploration, Canetic Resources and ConocoPhillips. Mr. Makowecki holds a Bachelor of Science in Mechanical Engineering from the University of Alberta and is a registered Professional Engineer with APEGA.
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.
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).
Robert Yurchevich
Director
Read BioRobert Yurchevich CPA, CFA is the Founder and President of Blackfriars Capital Management Inc., a private investment management firm specializing in absolute return event driven strategies. Prior to founding Blackfriars in 1999, Robert held senior level financial and operating positions in the real estate development, wholesale distribution, investment management, and energy sectors.