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Canadian Petroleum Hall Of Fame Inducts Three New Members In 2015
Three leading figures on the Canadian oil and gas landscape are adding more recognition to their growing list of honours.
Clayton Riddell, Ronald Mathison and Gordon Jaremko will be inducted into the Canadian Petroleum Hall of Fame this September, joining dozens of other inductees recognized by the Hall of Fame for their contributions to Canada's petroleum sector.
"These three individuals epitomize what we look for in inductees," noted Hall of Fame chairman Bill Whitelaw. "They have served our sector tremendously well over their careers and each one has made important marks."
Riddell, Mathison and Jaremko will be honoured Sept. 24 at the Hall of Fame's gala induction dinner at the Westin Hotel in Calgary — an event at which they will be joined by family, friends, industry peers and existing inductees. The dinner is the 19th since the Hall of Fame, a non-profit society, was created in 1997 by a group of individuals who believed the industry needed a way to consistently recognize individuals whose efforts define the sector's success.
"It's a very special evening — not only for the inductees, but the industry as a whole," said Whitelaw. "It's a time when we understand that the industry was built by vision, creativity and innovation ... and we get to see firsthand the individuals who did much of that building."
Clayton Riddell, who originally hails from Manitoba, has a career spanning more than 55 years. He started as an exploration geologist with the Standard Oil Company in 1959 and by 1971 had launched Paramount Oil & Gas Ltd. — the foundation for today's Paramount Resources. Paramount and its spin-out companies, including Perpetual Energy and Trilogy Energy, have created an enterprise value of approximately $6 billion. Riddell's early exploration success centred on shallow gas in northeastern Alberta, where he recognized the hydrocarbon potential of the Devonian formation. Over his career, Riddell has received a variety of honours and recognitions
and served in a variety of industry leadership capacities.
Ronald Mathison made his mark as an entrepreneur — combining deep financial knowledge and expertise with skills in corporate governance and a passion for the oil and gas industry. In 1999, Mathison co-founded Calfrac Well Services, which has grown into a leading global company with revenues of $2.5 billion in 2014. As well, he co-founded Tesla Exploration and Pantera Drilling (now Western Energy Services Corp.) Early in his career, Mathison was one of three co-founders of Peters & Co. Capital Joint Venture. Mathison is currently president and CEO of MATCO Investments Ltd.
Gordon Jaremko is one of Canadian leading energy journalists — and one of the sector's leading historians. Through decades of newspaper and magazine reporting, Jaremko has chronicled the sector's evolution through good times and bad. From the National Energy Program and inauguration of free trade of oil and gas in the 1980s to the birth of the oilsands and unconventional resources sectors, Jaremko has written with authority and integrity about the industry's plays and its players. He started as a journalist with the Calgary Herald and Southam News, and for several years was the editor of Oilweek. He has also co-authored many history books, such as The Great Oil Age and Fields of Fire: An Illustrated History of Canadian Petroleum. Most recently, he spent a year embedded within the Alberta Energy Regulator to create its 75th anniversary book, Steward: 75 Years of Alberta Energy Regulation.
Full profiles of the inductees will appear in the September edition of Oilweek.
Review of Our Previous Canadian Petroleum Hall of Fame Inductees for 2014.
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