Business Development Engineer

Freehold Royalties Ltd.

$100K — $120K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • B.Sc. in Engineering with 5+ years of oil and gas experience, focusing on acquisitions.
  • Direct business development experience with an ability to manage multiple priorities.
  • Broad understanding of Western Canadian Sedimentary Basin plays and trends.
  • Strong analytical skills for evaluating incomplete datasets in asset evaluations.
  • Proficient with GeoScout, Spotfire, Microsoft Office, and economic modeling software.
  • Experience collaborating with multidisciplinary teams in Geology, Land, and Finance.
  • Excellent communication skills to present complex technical information succinctly.

Responsibilities

  • Provide subject matter expertise to maximize the value of Canadian royalty assets.
  • Evaluate inbound deal proposals and internally generated acquisition targets.
  • Create development models and conduct economic analysis for bid levels.
  • Collaborate to develop bid recommendation presentations for management.
  • Deliver and defend recommendations to Executive Management and the Board.
  • Analyze large datasets to identify acquisition opportunities.
  • Support asset optimization strategies and provide engineering input for forecasts.

Benefits

  • Comprehensive Group Benefits program
  • Health and Wellness spending account
  • Employee & Family Assistance Program
  • Employee savings plan
  • Flex day program
  • Hybrid work program
Full Job Description
Freehold Royalties is seeking a candidate for the position of Business Development Engineer in the Freehold Business Development team. This position is based in Calgary and reports directly to the Vice President, Business Development Technical. The successful candidate will be responsible for supporting the technical and economic evaluation of strategic initiatives to deliver value from our existing portfolio of assets and acquisition opportunities for Freehold.

Working within a multidisciplinary team, the Business Development Engineer will collaborate with Geology and Land to evaluate both proactive and market-driven opportunities. Strong business acumen, ability to manage priorities, effective communication and presentation skills required, as there are numerous recommendations to the management and executive teams, often within fixed deadlines.

A creative and high performing individual with a practical mindset is an asset.

Responsibilities:
  • Functional expert providing subject matter expertise to the team to maximize the value of the Canadian royalty asset portfolio;
  • Work collaboratively with the other disciplines to evaluate inbound deal proposals as well as internally generated acquisition targets;
  • Create development models and economic analysis to determine appropriate bid levels;
  • Collaborate with Geology, Land and Finance staff to develop bid recommendation presentations;
  • Deliver and defend bid recommendations to the Executive Management and the Board of Directors;
  • Leverage large data sets quickly and efficiently to provide recommendations on acquisition opportunities;
  • Work collaboratively to identify and support asset optimization strategies;
  • Provide engineering input into reserves evaluation and production forecasts;
  • Monitor Industry activity, participate in the formulation strategy for acquisition targets.

Qualifications:
  • B.Sc. in Engineering with 5+ years of oil and gas industry experience, with a strong background in identifying and evaluating acquisition opportunities;
  • Significant direct business development experience; flexible and adaptable to meet critical deadlines, while managing multiple priorities;
  • Broad understanding and knowledge of Western Canadian Sedimentary Basin plays and trends;
  • Capable research skills to analyze and integrate incomplete datasets as part of asset evaluations;
  • Strong computer skills with experience using: GeoScout, Spotfire, Microsoft Office and Value Navigator (or other reserves/economic modelling software);
  • Ability to collaborate with multidisciplinary teams: Geology, Land, Finance, Investor Relations and Management;
  • Excellent written, oral, organizational and people skills; ability to communicate highly technical details effectively and succinctly;
  • Insatiable curiosity, creativity and a drive for continuous improvement are preferred personality traits;
  • Current membership with APEGA and a P. Eng. Designation would be considered an asset.

Additional Requirements/Information:

All applicants must be legally entitled to work in Canada at the time of application

Additional Working Conditions:

Hybrid Work Program Information - We understand the way we do our work has changed, and our employees are looking for flexibility with a blend of in-office and remote work. Freehold currently has a hybrid work program in place allowing us to live, learn and adapt in a way that works for our business and our employees.

What does our hybrid work program look like?
  • Combination of in-office and remote work: Tuesday, Wednesday, Thursday are core in-office workdays, Monday and Friday in-office or remote based on your preference
  • Flexible work hours, while committing to being available during our core hours of 9:00am - 3:00pm

If you choose to participate in the hybrid work program, you will:
  • Be provided with a Freehold computer or laptop when working in the office
  • Require access to a personal computer when working from home

Benefits:
  • Comprehensive Group Benefits program
  • Health and Wellness spending account
  • Employee & Family Assistance Program
  • Employee savings plan
  • Flex day program
  • Hybrid work program

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