Athabasca Oil Corporation (“AOC”) is a unique liquids-weighted intermediate energy producer. At AOC, we proudly and responsibly produce Canadian energy to improve people’s lives. We are passionate, take ownership of our work, get things done and are great at what we do.
Athabasca currently produces 38,500 boe/d with a significant growth program underway. Athabasca has exposure to Canada’s premier resource plays. Thermal Oil boasts >1 billion barrels of top quartile reserves and a deep inventory of future projects. In addition, in December 2023 Athabasca announced the creation of Duvernay Energy Corporation, a private subsidiary company. Duvernay Energy is a unique standalone self-funded entity that offers investors pure-play exposure to the Kaybob Duvernay play and is expected to grow to over 20,000 bbl/d by the late 2020’s. Strategically Athabasca has two companies with independent strategies and capital allocation frameworks.
AOC has positioned itself with strong financial liquidity of ~$455 million (including $335 million in cash), putting it in an enviable position relative to its peers. The company is resilient to commodity price volatility and is expecting to generate ~$1.8 Billion of free cash flow over the next five years. All free cash flow is currently returned to shareholders in the form of share buybacks. The combination of production growth and reduced share count is resulting in industry leading cash flow per share growth. The corporate strategy is to continue to grow our assets, generate significant free cash and provide superior returns to shareholders over the long term. Sustainability is core to the business with strong governance and a commitment to reducing emissions through its technology roadmap.
Athabasca has a track record of transformative projects including JV’s, M&A, royalties, and unique marketing arrangements. AOC offers a dynamic and exciting work environment for the right candidate. AOC is publicly traded on the TSX under the symbol “ATH” with a market capitalization of $3 Billion and was recognized as number one total shareholder returning Energy company over the last three years and the number three company on the entire TSX (across all sectors).
We are currently recruiting for a Project Controls role, to work within a multi-disciplinary engineering environment to enable successful project execution through integrated planning, cost controls and reporting. Key accountabilities include costing system management, progress reporting, continuous improvement planning, integrated execution planning, change management and scheduling activities, related to major projects in execution and planning stages. In addition to experienced Project Controls professionals, this position is also appropriate for an Intermediate Engineer who demonstrates a strong interest in project controls and is seeking future development and progression within the Projects team. This position reports to AOC’s Thermal Oil Director of Projects, Drilling & Completions and will be a key integration point for internal and external execution activities.
This position is based in Calgary with occasional travel to Leismer field project location.
- Develop project controls systems, procedure and reports based on stakeholder needs and industry best practice.
- Ensure project budgets and timelines are as planned, highlighting potential risks and trends to the execution team.
- Align with projects stakeholders to coordinate an integrated execution schedule, identifying risks and opportunities. This includes internal stakeholders, multiple EP firms, vendors and construction management.
- Develop and implement continuous improvement roadmaps for the capital execution teams.
- Develop practical change management processes. Analyze change orders, project variances and trends.
- Create, maintain and manage cost forecasting and reporting systems to ensure accuracy and visibility of project estimates and budgets to project scope.
- Update, maintain and analyze project commitments, cash flow, and expenditures while also monitoring, reviewing, and analyzing the cost, schedule and earned value of projects.
- Prepare monthly project reports that summarize cash flow profiles, approved budgets, actuals, incurred costs, trends and estimates at completion.
- Create and maintain a master project schedule that summarizes engineering and construction for multiple projects across the Thermal Oil program.
- Provide risk management framework and processes for project execution.
- Coordinate with Finance to effectively manage invoicing, financial reporting, and accruals processes.
- Provide input into engineering & construction work processes to improve efficiency.
- A minimum of 10 years of progressive experience in project execution and controls, supported by a relevant degree in business, construction management, or engineering; or
- Intermediate Engineer with a strong interest in project controls, seeking future progression within the Projects team.
- PMP certification is an asset.
- Experience in EP project execution and owner roles is required. • Strong Proficiency with MS Office applications (Word, Excel, Power BI, PowerPoint) • Proficiency in project controls and scheduling software suite such as Primavera P6 is an asset.
- In-depth experience in cost estimating and cost analysis.
- Demonstrates ability to drive new and innovative solutions in a collaborative multi-disciplinary team.
- High attention to detail with the capability to recognize problems and act quickly to rectify situations.
- Working knowledge of engineering and the upstream oil & gas business.
- Strong interpersonal, coordination, communication, and organizational skills.
- Must be legally entitled to work in Canada.
We thank you in advance for your interest and note that only those selected for an interview will be contracted. Athabasca Oil Corporation is an equal opportunity employer.
- Dental care
- Disability insurance
- Employee assistance program
- Employee stock purchase plan
- Extended health care
- Life insurance
- On-site gym
- Paid time off
- RRSP match
- Vision care
- Do you have a PMP certification?
- Do you have experience using project controls and scheduling software (Primavera P6)?
- project execution and controls: 10 years (preferred)