THE BIG 3

The Panel is going to examine three major streams of the energy business that fall under Alberta’s royalty framework: crude oil and liquids; natural gas; and oil sands.

Each of these streams involves distinct geology, prices, and market considerations. And each has a different royalty structure, which may need to change to meet our goals and expectations.

We’ll be sharing what we learn about these streams. As the conversation evolves, you’ll be able to click on the icons to dig deeper and explore each of these streams. We’ll be asking for your thoughts about them, and we welcome any wisdom you’re willing to share.

Return to see what we put here

Crude oil & liquids

Natural Gas

Oil Sands

Peter Tertzakian

Chief Energy Economist & Managing Director, ARC Financial Corp.

Peter Tertzakian is the Chief Energy Economist & Managing Director at ARC Financial Corp., Canada’s leading energy-focused private equity company, with $5.3 billion of capital across the eight ARC Energy Funds. He grew up in Edmonton and currently makes his home in Calgary.

With over 34 years of experience in both the energy and finance sectors, Peter plays a pivotal role on ARC’s Executive, Investment and Strategy Committees. In addition, he is responsible for directing ARC’s economic research and overseeing the publication of the ARC Energy Charts, a weekly journal on energy trends. His two books, A Thousand Barrels a Second and The End of Energy Obesity; both examine transitions of the global energy sector through economic, environmental and geopolitical pressures.

Peter has an undergraduate degree in Geophysics from the University of Alberta, a graduate degree in Econometrics from the University of Southampton U.K., and a Master of Science in Management of Technology from the Sloan School of Management at MIT. In addition to his principal role at ARC Financial, he has lectured at many leading universities and conferences around the world. His collective knowledge of energy innovation, history and economics give audiences thought provoking insights into today’s pressing issues.

His career started as a geophysicist with the Chevron Corporation in 1982, where he spent eight years working in field operations, seismic data processing and geophysical software development. He moved from oil and gas to the financial sector in 1990. Since then, he has become a recognized analyst, economist and author who is routinely sought after as a speaker and educator. He is also an Adjunct Professor at the University of Calgary’s Haskayne School of Business.

The panel appointed Peter for his passion for energy issues, his unique financial and operational expertise in the industry, and for his understanding of domestic and global economies. He has spent over 50 years in Alberta, has worked all across the province and understands the complexities of the exploration, production and transportation of its energy resources. He is an excellent fit for the panel.

The Panel

The Conversation

We’re inviting you to have several conversations with us, over several stages. Each stage is going to feed into the next. We’re going to ask you questions, and consider what you say. On a regular and frequent basis, we’re going to report back and reflect what you’ve told us, and ask you more questions based on that.

The Phases

First thoughts
PRINCIPLES of a Good Framework
WHAT DOES SUCCESS LOOK LIKE?

Visit often, because the questions will change. Encourage your friends, family members and co-workers to visit and participate as well. We want to have as much dialogue with as many Albertans as we can.

Invite other Albertans!