Stanley Milner

 

Stanley Milner, who spent his early years in Turner Valley (the birthplace of Alberta's oil industry), was born in Calgary. The youngest of four brothers, he began his career in the wake of the Leduc oil discovery.

 

In the late fifties, three of the Milner brothers formed two small independent exploration companies: Canadian Chieftain Petroleums Ltd. and Tidal Petroleum Corp. The companies were financed and built through hard work and persistence; many hours were spent pounding the pavement of Bay Street. Eight years later, the two companies were sold to U.S. investors who were seeking to become established in the Canadian oil patch.

 

In 1964, Stan Milner founded Chieftain Development Co. Ltd. and guided its growth until its acquisition in 1988 by Alberta Energy Company Ltd. Early in 1989, Chieftain International Inc. took shape. Mr Milner is president, chief executive officer and a director. Proceeds of the company's $150 million initial public offering were used to acquire oil and gas properties outside Canada. Chieftain International continues to concentrate on gas and oil exploration and production in the United States, primarily in the Gulf Coast region.

 

Stan Milner recieved two awards: the Bronze Award and the Gold Award from the Wall Street Transcript. These awards are for "Top CEO in the Canadian Oil Industry".

 

Career Summary:

• 1964 Founded Chieftain Development Co. Ltd.
• 1987 Inducted into the Junior Achievement of Northern Alberta Business Hall of Fame.
• 1987 University of Alberta - Canadian Business Leader Award.
• 1989 Founded Chieftain International Inc.
• 1994 Honourary doctor of laws degree - University of Alberta.
• 1995 Awarded Alberta Order of Excellence.