Business Development Engineer

Freehold Royalties Ltd.; Calgary; Hybrid; CAD 110,000 - 140,000; Full time

Benefits offered by this job

Comprehensive Group Benefits program

Health and Wellness spending account

Employee & Family Assistance Program

Employee savings plan

Flex day program

Hybrid work program

Job summary

Freehold Royalties Ltd. in Calgary seeks a Business Development Engineer to support technical and economic evaluations of strategic initiatives. You will evaluate acquisition opportunities, develop bid levels, and present recommendations to executives and the board.

Role requires 5+ years in oil and gas, strong business acumen, and ability to manage priorities within a hybrid work program. Collaboration with Geology, Land, and Finance is essential.

Qualifications

• B.Sc. in Engineering with 5+ years in oil and gas.
• Experience identifying and evaluating acquisition opportunities.
• Strong research skills to analyze incomplete datasets as part of asset evaluations.
• Ability to collaborate with multidisciplinary teams: Geology, Land, Finance, Investor Relations and Management.

Responsibilities

• Serve as subject matter expert to maximize value of the Canadian royalty asset portfolio.
• Evaluate inbound deal proposals and acquisition targets with multidisciplinary teams.
• Create development models and economic analysis to determine bid levels.
• Develop bid recommendations and present to Executive Management and Board.
• Leverage large data sets to identify acquisition opportunities and asset optimization strategies.
• Provide engineering input into reserves evaluation and production forecasts.

Skills

Business development

Project management

Communication

Team collaboration

Analytical thinking

Education

B.Sc. in Engineering

Tools

GeoScout

PowerBI

Microsoft Office

Value Navigator

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, PowerBI, 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

Equity, Inclusion and Diversity

Committed to attracting and retaining diverse employees, Freehold Royalties will honor your experiences, perspectives, and unique identity. Together, we strive to create and maintain a working environment that is welcoming and promotes diversity of thought, inclusivity, and equity.

We thank all applicants; however, only those selected for an interview will be contacted.