Recent Events

April 16, 2026

PADA Breakfast Meeting - April 16, 2026
7:15 am - 8:30 am
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 PADA Breakfast

Thusday, April 16, 2026 | 7:00 AM - 8:30AM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

Spotlight on Canada’s Energy Sector:
Implications of Recent Changes to Canada’s Competition Act and Investment Canada Act for Transactions

Regulatory reviews under the Competition Act and Investment Canada Act can make or break a deal in the Canadian energy industry. Recent changes to legislation and government policy are opening the door to some sources of foreign investment that have been seen as riskier in recent years, while creating headwinds for other transactions where the regulatory process is becoming more complex. This shifting landscape makes it more essential for in-house counsel and dealmakers to understand the risks associated with competition and foreign investment approvals, and how they factor into overall transaction planning. Join us for an informative discussion with Cam Proctor, Cassie Brown, and Robel Sahlu from the Calgary office of Blake, Cassels & Graydon LLP, which will explore these topics and engage with audience members to provide practical takeaways for businesses.

Cam Proctor

Cassandra Brown

Robel Sahlu

Cam is a Partner at Blakes in the Calgary Securities Group.

He practises corporate law with a focus on mergers and acquisitions, corporate finance and securities, restructuring, shareholder activism, and corporate governance. 

He brings deep executive%u2011level experience in the energy sector, advising public and private companies on complex domestic and cross%u2011border transactions, including matters involving TSX-, NYSE- and TSXV- listed issuers. Cam recently rejoined Blakes following nearly a decade in senior executive and board roles within the energy industry.

Cassandra is a Partner at Blakes in the Toronto Competition, Antitrust & Foreign Investment Group.

She advises on all aspects of competition law, including mergers and acquisitions, joint ventures, distribution practices, criminal and civil investigations, compliance matters, and foreign investment transactions under the Investment Canada Act.

Cassandra’s clients span a broad range of industries, including energy, mining, technology, pharmaceuticals, consumer products, agriculture, telecommunications, transportation, aviation, financial services, manufacturing, automotive, and real estate.

Robel is an Associate at Blakes in the Competition, Antitrust & Foreign Investment Group, and works from the Firm’s Calgary and Toronto offices. 

Through his national practice, he provides clear, strategic advice to Canadian and multinational businesses, sovereign wealth funds and private equity firms navigating the Competition Act and the Investment Canada Act, including regulatory approvals and compliance program design. 

Robel also advises clients on critical anti-corruption and sanctions matters affecting their domestic and international operations.

REGISTER NOW!

 

 


March 10, 2026

PADA Lunch Meeting - March 10, 2026
11:30 am - 01:00 pm
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 

Tuesday
March 10, 2026

 11:30 AM - 1:00 PM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

Shaping the Basin: A Fireside Chat with Paul Colborne, 2026 Saskatchewan Oil Person of the Year

Join us for lunch with Paul Colborne, reflecting on his journey as President & CEO of Surge Energy. Hear firsthand how he approaches decision-making, cultivates company culture, and sees opportunity in the shifting energy landscape. From the early days of the Trusts to the resurgence of EOR across the Canadian oil landscape, Paul has established a track record as being one of Western Canada’s foundational builders and consolidators of oil and gas assets.

Paul Colborne

President & CEO of Surge Energy Inc. and President of Star Valley Oil and Gas Ltd. 

Paul Colborne is President & CEO of Surge Energy Inc. and President of Star Valley Oil and Gas Ltd. Recognized as the 2026 Saskatchewan Oil Person of the Year, he has 24 years in the oil and gas industry and has led and advised more than 30 oil and gas and energy services companies as an executive, director, or chairman. After nine years practicing securities, banking, and oil & gas law, he founded Startech Energy Ltd., which grew to ~15,000 boe/d and was acquired in 2001 by ARC Energy Trust for more than $500 MM. He has also served as CEO of StarPoint Energy Trust and as a long-time director of Crescent Point Energy Corp. He previously served as Chair of New Star Energy Ltd. and Rising Star Resources Ltd., and has held board roles across numerous public and private oil and gas companies.

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February 10, 2026

PADA Breakfast Meeting - February 10 , 2026
7:00 am - 8:30 am
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 

Tuesday
February 10, 2026

 07:00 AM - 8:30 AM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

LNG Canada - Leading the Pack to Global Markets

 

Join us for a  fireside chat with Teresa Waddington to discuss the evolution of Canada’s west coast LNG sector.

 

Teresa Waddington, P.Eng., ICD.D

As deputy COO and Chief Safety and Sustainability Officer at LNG Canada, Teresa Waddington continues her mission to turn her dad's oilpatch into her daughter's energy garden.  Teresa is an engineer by training who has held global roles with Shell, including running a critical infrastructure gas plant and marine loading terminal in the UK and starting up Canada's first LNG export facility with LNG Canada.  Keen to drive her mission beyond her industry, Teresa's board service targets the higher education sector (University of Calgary, Mount Royal University), national-level energy organizations (Oil and Energy UK, Energy Safety Canada, and others) and corporate boards focused on technology (Qube IOT).  

A big believer in creativity and challenging the norm, Teresa has a YouTube channel, where she animates a variety of industry-relevant topics, is frequently published in the Globe and Mail's First Person Essay section, and has two courses on the SAGA Wisdom platform.  She is a sought after speaker who enjoys engaging with audiences.

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January 22, 2026

Winter Social

PADA Winter Social - January 22, 2026
4:30 pm - 7:00 pm
Barcelona Tavern, 318 8 Ave SW, Calgary, AB T2P 2Y9


January 15, 2026

PADA Breakfast Meeting - January 15, 2026
7:00 am - 8:30 am
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 

Thursday
January 15, 2026

 07:00 AM - 8:30 AM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

Turning Points: Inside Adam Waterous’s Bold Moves

 

Join us for a fireside chat with Adam Waterous as he dives into the landmark events of 2025, sharing insights on Greenfire Resources and the strategic bid for MEG Energy, exploring the strategies, challenges, and impact on the future of Canadian energy.

 

Adam Waterous

Managing Partner & Chief Executive Officer of Waterous Energy Fund 

Adam Waterous is the Managing Partner & Chief Executive Officer of Waterous Energy Fund and serves as Executive Chairman of Strathcona Resources and Greenfire Resources. Before founding Waterous Energy Fund in 2017, Adam led Scotiabank’s global investment banking and energy divisions, overseeing major oil and gas transactions across Canada, the United States, and internationally. He co-founded Waterous & Co., which later became Scotia Waterous, and has held roles in mergers and acquisitions at First Boston Corporation and management consulting at McKinsey & Company. 


Adam has made significant contributions across industry, community, health, arts, and education. He served on the Harvard College Fund Executive Committee, received both the Queen Elizabeth II Diamond and Platinum Jubilee Medals for community and sustainability work, and was honored with the Oil and Gas Council’s Lifetime Achievement Award and the United Way of Calgary’s Lefaivre Award for volunteer service. Adam also chaired Calgary Economic Development’s CEO Roundtable and helped found Invest Alberta Corporation, supporting Alberta’s economic growth and investment.

 
He holds an Honours Business Administration degree from the University of Western Ontario and an MBA from Harvard Business School, where he was designated a Baker Scholar.

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December 9, 2025

PADA Breakfast & AGM Meeting - December 9 , 2025
7:00 am - 8:30 am
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 

Tuesday
December 9, 2025

 07:00 AM - 8:30 AM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

We are excited to announce that Mark Oberstoetter will be joining us as our guest speaker for the PADA Breakfast on December 9. Mark brings extensive experience and insights into the upstream energy sector, and we look forward to hearing his perspectives on the industry.

Mark Oberstoetter

Head of Upstream Research Americas at Wood Mackenzie

Mark Oberstoetter is based in Calgary where he manages a team of 25 expert analysts covering the upstream industries across Canada and the United States. He has extensively covered deepwater, oil sands and unconventional sectors including asset valuation work and competitive benchmarking.

Mark joined Wood Mackenzie in 2009, moved from Houston to Calgary in 2013 and has been a co-President of our 50-employee Calgary office since 2018. A frequent conference presenter, he has authored 70+ research notes and has been quoted in publications including the Economist, Wall Street Journal and Financial Times. Mark’s recent work has included corporate strategy consulting, diluent market studies, helping governments assess royalty structures, and providing detailed competitiveness benchmark outlooks for assets, plays and regions.

Prior to joining Wood Mackenzie, Mark worked at Kenmont Capital Partners (an energy-focused hedge fund), Sanders Morris Harris Investment Bank and the Dallas auditing arm of KPMG.

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November 17, 2025

PADA Breakfast - November 17, 2025
07:15 am - 8:30 am
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 

Monday
November 17, 2025

 07:00 AM - 8:30 AM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

Please join us for breakfast on Monday November 17, 2025, for a fireside chat with Headwater Exploration's President and CEO, Jason Jaskela.

As a leader in the Clearwater, he will discuss Headwater's history and evolution, as one of the early entrants into what has become North America's fastest growing play in recent years.

In addition, we will touch on how technology is changing the outlook for key oil plays, discuss continued expansion of the Clearwater, including the recent transactions that have increased Headwater's footprint in the Greater Pelican area.

REGISTER NOW

 


October 30, 2025

PADA Conference - October 30, 2025
11:15 PM - 05:00 PM
Calgary Petroleum Club - Devonian Room, 319 - 5 Avenue SW

 

   

 PADA Conference 2025

October 30, 2025 | 11:15AM - 3:30PM

Calgary Petroleum Club - Devonian room

319 - 5 Avenue SW  

11.15 PM

Registration

11:30 PM - 12:30 PM

Rob Morgan
Chief Executive Officer, Alberta Energy Regulator

 

Rob Morgan brings over 35 years of leadership in the oil & gas industry, with deep expertise in Canadian energy industry. Prior to joining the AER in 2025, he led Strathcona Resources as President & CEO. His previous roles include senior executive positions at Cona Resources, Crew Energy, Harvest Operations, and more. Rob holds a Chemical Engineering degree from the University of Saskatchewan.

1:30 PM - 2:15 PM

 John Jeffrey
Chief Executive Officer & Director, Saturn Oil & Gas Inc.

John Jeffrey serves as the Chief Executive Officer and a Director of Saturn Oil & Gas Inc., which has been recognized as one of Canada’s fastest growing companies for the past several years. John’s extensive experience in financial management and operations has enabled him to successfully execute large engineering and environmental projects. Previously, he held the position of Area Finance Manager for a Fortune 500 engineering consulting firm in Canada.

John was also a founder and the CFO of Axiom Group, a geological and engineering consulting company that drilled over 800 wells in western Canada. He is a graduate of the University of Saskatchewan with an MBA majoring in Finance.

2:30 PM - 3:30 PM

Panel Discussion 
Deal Mechanics: Success Drivers - From Concept to Close 

Brian MacInnis, CA, CFA
Managing Director, Natural Resources 
and Infrastructure Investment Banking
CIBC Capital Markets - Calgary

Brian is a Managing Director with CIBC Capital Markets Investment Banking, where he leads coverage of Canadian oil and gas producers. He advises clients on mergers and acquisitions, equity and debt financings, and a range of other capital markets advisory mandates. His select advisory experience includes ARC Resources’ acquisition of Seven Generations; Hammerhead Resources’ go-public SPAC merger and subsequent sale to Veren; Baytex Energy’s acquisition of Ranger Oil; Peyto Exploration’s acquisition of Repsol Energy Canada; Ridgeback Resources’ sale to Saturn; and Vermilion Energy’s acquisition of Leucrotta Exploration.

Prior to joining CIBC, Brian worked with a Canadian private credit capital provider focused on principal investing in upstream oil and gas, energy infrastructure, senior secured and unsecured credit, preferred equity and joint venture structures. Brian also serves on the Board of Directors of Parks Foundation Calgary.  

Benjamin Thomson
Director, Natural Resources and
Infrastructure Investment Banking

CIBC Capital Markets - Calgary

Ben is a Director with CIBC Capital Markets Investment Banking, focusing on Canadian oil and gas producers and bringing a broad range of financial and capital markets experience.

Prior to rejoining CIBC, he held extensive experience as a principal investor in public and private equity, including roles at CPP Investments and one of Canada’s largest family offices.

His select advisory experience includes Blackstone’s (CPPIB) acquisition of Advarra; ARC Resources’ acquisition of Seven Generations; Brookfield’s strategic investment in Superior Plus; and Baytex Energy’s acquisition of Raging River.

 

Chelsea Hunter, Partner
Blake, Cassels & Graydon LLP

Chelsea Hunter is a partner in the securities group at Blakes. Her primary focus is advising public and private companies on mergers and acquisitions, corporate governance matters, debt and equity financings, continuous disclosure and securities law compliance.
Chelsea’s experience includes representing both private and publicly traded issuers listed on the Toronto Stock Exchange (TSX), the New York Stock Exchange (NYSE) and the TSX Venture Exchange. In addition to advising on corporate commercial matters, she has represented issuers and underwriters in public and private offerings of equity and debt and has acted on behalf of both purchasers and vendors in a variety of M&A transactions. 
Prior to joining Blakes, Chelsea completed a year-long secondment with a TSX-listed major Canadian transportation and midstream service provider, where she advised on corporate finance, corporate governance, continuous disclosure, and general commercial and contract matters.

3:30 PM – 5:00 PM

PADA Networking Social

 Calgary Petroleum Club - Trophy Room | First Floor 

Wrap up the day with an informal networking social in the Trophy Room. Enjoy refreshments, make valuable connections, and engage in relaxed conversations with fellow industry professionals.


REGISTER NOW!

 

 


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