Mr. Thomson’s key responsibilities include the establishment and execution of the purpose, the values and the long term objectives and vision of Source as well as the development and implementation of Source’s strategic plan and corporate objectives. In consultation with Management, he establishes appropriate annual and longer-term financial objectives and is responsible for meeting these objectives. Mr. Thomson also works with the Compensation and Corporate Governance Committee to ensure the Company has a robust succession plan in place for the executive team. Mr. Thomson ensures close communication with the Board and its committees and keeps the directors informed of the important aspects of the status and development of Source and facilitates the Board’s governance, composition, and committee structure. Mr. Thomson has over 25 years of leadership experience with extensive experience in fast growth organizations as a founder, officer and director of a number of business success stories. Mr. Thomson was a Principal and the Chief Financial Officer of the Northridge Group of Companies which built one of North America’s largest private petroleum and natural gas marketing and trading companies. He was also a founder and officer of an oil and gas investment fund (now AGF Resource Capital) and Metronet Communications (now Allstream Canada). Mr. Thomson also served as a senior officer of TransCanada Company (“TransCanada”) where he was responsible for its growth program, spearheading the creation of TransCanada Power LP (now Capital Power Company). Mr. Thomson has served as a director of a number of oil and gas exploration companies as well as CCS Income Fund, CE Franklin Limited and Bruce Power Ltd. Mr. Thomson is a Chartered Professional Accountant – Chartered Accountant designation and has received his ICD.D designation from the Canadian Institute of Corporate Directors.
Keeping up with an evolving industry can be a challenge without the right partner
At Source Energy, it’s about more than basic problem solving and delivering on our commitments. Finding efficiencies now to shape future successes is at the core of what we do.
Why Source Energy
Leading Oilfield Logistics in the WCSB
With over a decade of experience in proppant logistics, Source Energy is well-positioned in terms of networks, resources and connections. Our knowledge of our industry, our clients and of available resources enables us to directly source proppant faster and more efficiently across Western Canada.
Rising to Meet Canada’s Oil and Gas Industry
At Source Energy, we understand that Canada’s oil and gas industry is in a constant state of change, and our customers need a reliable and experienced partner with the flexibility to meet their needs now and in the future. With a focus on superior customer service, we advance beyond expectations to ensure that we deliver the right solutions to our customers.
Resourceful in Finding New Solutions
Our team are more than just experienced – every member of the Source Energy team are innovators in their field and are passionate about what they do. Their enthusiasm is infused throughout our culture, with each one being dedicated to pushing the boundaries of logistics to deliver the most efficient solutions for client wellsites.
Our dedicated and knowledgeable staff are available to solve your wellsite needs.
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Brad Thomson
Chief Executive Officer and Director
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Derren Newell
Chief Financial Officer Mr. Derren Newell’s key areas of responsibility are the execution of all aspects of Source’s Finance, Information Technology and Human Resources operations. Mr. Newell provides financial and business leadership and perspective to senior management and to the Board of Directors. He promotes strong governance and financial control and oversees the adoption of appropriate policies and procedures to ensure completeness and accuracy of financial statements, management discussion and analysis and regulatory financial returns. Mr. Newell evaluates and optimizes the Company’s capital position and sources of funding within the Company’s regulatory and rating agency framework to maintain the Company’s financial strength. Mr. Newell also actively participates in the development of guidelines and practices relating to the Human Resources of the Company, including with respect to employee engagement and well-being, as well as development and implementation of best practices with regard to cyber security measures and controls designed to mitigate risks such as breakdown, invasion, virus, cyber-attack, cyber-fraud, security breach, and destruction or interruption of the Company’s information technology systems by third parties or insiders.
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Scott Melbourn
Chief Operating Officer Mr. Scott Melbourn’s key areas of responsibility are the execution of all aspects of Source’s operations including Production, Terminals, Logistics, Field Solutions, Health, Safety and Environment and all capital projects. Mr. Melbourn provides operation and business leadership to senior management, and business perspectives to the Board of Directors. Mr. Melbourn drives operational excellence coupled with an industry-leading safety culture throughout Source’s diverse operations. Mr. Melbourn promotes innovative thinking in all aspects of operations with a focus on providing leading solutions to Source’s customers. Mr. Melbourn joined Source in 2011 and has over 20 years of operations, financial and business development experience, primarily in the oilfield services industry.
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Stew Hanlon
Chairman Mr. Hanlon retired from his position as President and CEO of Gibson Energy (“Gibson”) in June of 2017. In his 26-year tenure with Gibson he filled senior roles in finance, business development and operations culminating in his appointment as President and CEO in April of 2009. In addition to Source, Mr. Hanlon also serves on the board of directors of Hammerhead Resources Inc. and Questor Technologies and is on the Dean’s Advisory Council for the Edwards School of Business, University of Saskatchewan. Mr. Hanlon holds a Bachelor of Commerce (Finance and Accounting) from the University of Saskatchewan, is a Chartered Accountant and was admitted to the Institute of Chartered Accountants of Saskatchewan in 1989 and Institute of Chartered Accountants of Alberta in 1990.
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Jim McMahon
Director Mr. McMahon is a former Owner, Executive Vice President, Director and Secretary of Source’s predecessor entity. Mr. McMahon previously provided day-to-day direction as a consultant to Source through his consulting corporation, McMahon Enterprises Ltd. Prior to joining Source, Mr. McMahon was Vice President Business Development for CCS Company (now Tervita) (“CCS”), a large Canadian based multinational oilfield services company with its primary business in oilfield waste management. Mr. McMahon left CCS in May 2009 to purchase an interest in Source. Mr. McMahon has 25 years of oilfield experience primarily in the midstream sector. Prior to working in the oilfield sector, Mr. McMahon had a varied background in numerous business fields including time as a Marketing Representative with IBM and as a Second Lieutenant in the Canadian Forces. Mr. McMahon has a Bachelor of Science in Electrical Engineering and a Master of Business Administration both from the University of Saskatchewan.
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Jeff Belford
Director Mr. Jeff Belford is a Senior Managing Director of TriWest Capital Partners, a private equity firm that invests in companies in a broad range of industries, including the service, manufacturing and distribution sectors. Mr. Belford joined at the inception of TriWest Capital Fund II in 2003 from Swiss Water Decaffeinated Coffee Company Inc., a former TriWest fund portfolio company. Mr. Belford contributes both financial and operations experience to the TriWest team. Mr. Belford gained significant financial and operating experience before joining TriWest. He was Chief Financial Officer of Swiss Water from 2000 to 2003. Swiss Water was subsequently listed on the TSX as an Income Trust. From 1996 to 2000, Mr. Belford was Director of Finance and Operations for Descente North America, an international sportswear company. Prior to that, Mr. Belford held a variety of financial roles at Kraft Foods Canada. Mr. Belford holds a Bachelor of Commerce degree from the University of Toronto and is a member of the Canadian Institute of Chartered Professional Accountants.
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Mick MacBean
Director Mr. Mick MacBean is a Senior Managing Director of TriWest Capital Partners, a private equity firm that invests in companies in a broad range of industries, including the service, manufacturing and distribution sectors. Prior to joining TriWest in 2010, Mr. MacBean was founder and CEO of Diamond Energy Services LP, a Saskatchewan-based energy services firm. Mr. MacBean successfully operated Diamond from 1998 to 2010 and remains on the Board of the company. Prior to Diamond, Mick was with ARC Financial Corporation, a Calgary-based private equity firm. Mick holds a Bachelor of Commerce degree from the University of Saskatchewan and is a Chartered Accountant, a member of the Canadian Institute of Chartered Professional Accountants, and a Chartered Director.
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Ken Seitz
Director Mr. Ken Seitz is the President and Chief Executive Officer and a board member of Canpotex Limited, one of the world’s largest potash exporters. Prior to joining Canpotex in 2015, Mr. Seitz held various senior positions at Cameco Corporation (“Cameco”) over a 17-year period, including Chief Commercial Officer from 2011 to 2015. Prior to joining Cameco, Mr. Seitz spent 5 years in the oil and gas sector with both PanCanadian Energy and Encana Corporation, in finance and strategic planning roles. Mr. Seitz earned Bachelor’s degrees in Economics and Engineering, and an MBA, all from the University of Saskatchewan. Mr. Seitz also holds a Certificate in Management from the Stern School of Business at New York University, and is a Professional Engineer with the Association of Professional Engineers and Geoscientists of Saskatchewan.
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Carrie Lonardelli
Director Mrs. Carrie Lonardelli is the Chief Financial Officer of Bonnetts Energy Corp. which offers specialized downhole operations to customers in the Western Canada Sedimentary Basin. Prior to joining Bonnetts, Mrs. Lonardelli was the owner and operator of an enterprise that provided CFO services to owner-managed businesses in Calgary. Prior to starting her own business, Mrs. Lonardelli was the VP of Finance at Phoenix Technology Services (8 years) and served a broad range of clients with KPMG in both Winnipeg and Calgary (7 years). Mrs. Lonardelli holds both a Bachelor of Commerce and a Bachelor of Arts degree from the University of Manitoba (2000) and completed her Chartered Accountant designation with the Institute of Chartered Accountants of Manitoba (2001). Mrs. Lonardelli currently serves on the board of directors of Open to Grow, an organization providing microcredit loans to women in Guatemala.
Careers at Source
Source Energy’s success is attributed to the passion and commitment of our employees across all levels of the company. We are a company of dedicated, hard-working professionals who proudly work within the oil and gas industry. Be part of a growing, dynamic and evolving company. Go to our hiring page to learn about available positions.
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