Board of Directors
Stephen E. Balog
Mr. Balog, a senior oil and gas executive and professional engineer, has more than 45 years of diversified industry experience and a proven operations track record in leading large scale oil and gas exploitation and development projects. He is president of West Butte Management Inc., a private oil and gas consulting firm, and prior thereto held the position of President, Chief Operating Officer and Director of Tasman Exploration Ltd.
Mr. Balog is a member of the Society of Petroleum Evaluation Engineers. As SPEE Reserves Committee Deputy Chairman and Committee Member, he contributed to the initial drafting and industry implementation of the Canadian Oil & Gas Evaluation Handbook-Volumes 1& 2. He also served on the Alberta Securities Commission Petroleum Advisory Committee. Mr. Balog is a graduate of the University of Calgary, B. Sc. Chemical Engineering and is a registered Professional Engineer with the Association of Professional Engineers and Geoscientists of Alberta.
Jill T. Angevine
Ms. Angevine is a Corporate Board Director and President of Brownstone Asset Management. She has over 25 years of professional experience in the investment management industry including portfolio management, capital markets and equity research. Prior to her work as a corporate director, Ms. Angevine gained extensive experience on both the sell-side and buy-side of capital markets as a Director of Institutional Research at FirstEnergy Capital Corp. and later as a Portfolio Manager at two asset management companies. She is a graduate of the University of Calgary (B.Comm) and has earned the Chartered Public Accountant (CPA, CA), the Chartered Financial Analyst (CFA) and the Institute of Corporate Directors (ICD.D) designations. Ms. Angevine also serves on the Board of Directors of Tourmaline Oil Corp. and is the past Chair of the Board of a junior oil & gas company. She is actively involved on the boards of a number of not-for-profit organizations where she volunteers her time in the community specifically related to education and investment management.
Mr. Belenkie joined Advantage in October 2018 as Chief Operating Officer, and was promoted to President and Chief Operating Officer in October 2019 and then to President and Chief Executive Officer in January 2022. He has over 20 years of diverse experience in the oil and gas industry. Between 2012 and 2018, Mr. Belenkie founded and helped lead Modern Resources to become a highly efficient Deep Basin producer which included oversight on all aspects of the Corporation. From September 2008 to December 2011, Mr. Belenkie held roles of increasing responsibility at Painted Pony including Vice President of Reservoir Engineering and Corporate Development. Prior thereto, Mr. Belenkie held various roles at Talisman Energy (1995-2008) within their North American assets, including Team Lead of Montney and Northeast British Columbia.
During 2006 and 2007, Mr. Belenkie was a management consultant with RLG International, working with leadership teams in two major producers in Alaska and Canada, while on secondment from Talisman. Mr. Belenkie received his BSc. In Mechanical Engineering from University of Calgary in 1997 and is a registered professional engineer with APEGA.
Ms. Choate has over 30 years of experience and knowledge on international tax, treasury, insurance, governance and risk management. From 2007 to January 2021, Ms. Choate was General Manager, VP Tax, and subsequently VP Tax & Treasurer at Husky Energy Inc. Prior thereto, Ms. Choate was an Associate Partner in International Tax Services at PricewaterhouseCoopers LLP. Ms. Choate is a Chartered Professional Accountant in Alberta and Fellow Chartered Accountant in Ireland and obtained the Institute of Corporate Directors ICD.D designation in 2020. Ms. Choate holds a Bachelor of Civil Law degree from the University College Dublin.
Don M. Clague
Mr. Clague has had an extensive 35 year working career in oil and gas, including diverse experience in North American domestic and frontier areas, as well as internationally in North Africa, Norway and the United Kingdom.
His experience includes a broad range of technical and leadership roles with Dome Petroleum, Amoco Canada, Alberta Energy, Amerada Hess Canada, Hardy Oil and Gas Canada, Petro-Canada and Suncor Energy. In 2002, he became VP, Production (North American Natural Gas) at Petro-Canada, responsible for the safe, efficient operations in all field locations across Alberta and BC, including all engineering functions supporting those areas. He spent 3 years in Denver as President, Petro-Canada Resources (USA) focused on tight oil and coalbed methane assets. Upon returning to Canada, he became VP, In Situ Development and Operations, and after the merger with Suncor was appointed VP, Firebag Operations. In 2012, Mr. Clague became the Senior VP, In Situ Business Unit. He moved to the role of Senior VP, Oil Sands Technical and Upstream Services in 2015. In 2018, he retired as the Senior VP, Exploration and Production Business Unit, with personnel in Calgary, St. John’s, Aberdeen, Tripoli, and Stavanger.
Mr. Clague graduated from the University of Calgary in 1983 with a BSc. in Geophysics. He remains active at the university, sitting on the Dean of Engineering’s Schulich Industry Advisory Council. He is a registered Professional Geophysicist with APEGA, obtained the Institute of Corporate Directors ICD.D designation in 2022, and has served on executive policy groups with the Canadian Association of Petroleum Producers (CAPP) and the Colorado Oil and Gas Association (COGA).
Paul G. Haggis
Mr. Haggis was President and Chief Executive Officer of Ontario Municipal Employees Retirement System (OMERS) and prior thereto, Director and Interim Chief Executive Officer of the Public Sector Pension Investment Board (PSPIB). Mr. Haggis has extensive financial markets and public board experience having served on the Board of Directors of Canadian Tire Bank. Mr. Haggis was a director and Chair of the Investment Committee of the Insurance Corporation of British Columbia, Chair of the Audit Committee of C.A. Bancorp and Prime Restaurants Royalty Income Fund, and Chair of Canadian Pacific Railway, Director of UBC Investment Management Inc. He was Chief Operating Officer of Metlife Canadian operations and Chief Executive Officer of ATB Financial.
Currently, Mr. Haggis is a Director and Risk Committee Chair of Home Capital Group Inc., a Director of the Bank of Canada and a Director and Audit Chair at Alberta Teachers Retirement Fund. Mr. Haggis is a graduate of the University of Western Ontario and is certified as a Chartered Director through the Directors College at McMaster University. He was a Commissioned Officer in the Royal Canadian Air Force Reserve.
Mr. MacDonald is Partner, Natural Resources at Fort Capital. Mr. MacDonald has over 25 years of experience at natural resource focused institutional investment firms, including over 10 years as a Senior Portfolio Manager at Invesco. Mr. MacDonald began his investment career at Ontario Teachers Pension Plan Board, where he worked for three years in progressive roles from Research Assistant to Portfolio Manager. His next role was as a VP and Partner at Beutel, Goodman & Co. Ltd. Prior to joining Invesco, Mr. Macdonald was a VP and Portfolio Manager at Salida Capital. Mr. MacDonald earned a Bachelor of Commerce Degree from the University of Windsor and is a CFA Charterholder.
Janine J. McArdle
Janine J. McArdle has been an executive in the oil and gas industry for over 30 years with extensive experience in engineering, marketing, business development, finance and risk management. Ms. McArdle is founder and CEO of Apex Strategies LLC, which is a global consultancy company providing advisory services to companies engaged in the midstream and downstream sectors of the energy industry. Prior to forming her own company in 2016, Ms. McArdle was an executive officer at Apache Corporation from 2002 to 2015, serving in senior leadership positions across LNG and Global Oil and Gas Marketing. Prior to Apache, Ms. McArdle served as President and Managing Director for Aquila Europe Ltd. from 2001 to 2002 and held executive and management positions with Aquila Energy Marketing from 1993 to 2001. Ms. McArdle was a partner in Hesse Gas from 1991 to 1993. Ms. McArdle currently serves as a Director on the Board of Directors of Santos Ltd and Antero Midstream and previously served as a Director on the Boards of Halcon Resources and the Intercontinental Exchange until 2019. Ms. McArdle holds a Bachelor of Science degree in Chemical Engineering from the University of Nebraska and a Master of Business Administration from the University of Houston.
Andy J. Mah
Mr. Mah has over 40 years of experience in the oil and gas industry and recently retired as Chief Executive Officer of Advantage Energy Ltd. He continues to serve on the Board and remains active with larger energy industry initiatives, advocacy and other Boards. Mr. Mah’s significant executive level experience included all facets of the Canadian upstream oil and gas industry, including U.S. and international assignments. Mr. Mah has developed & transformed corporations, led large successful capital investment programs and completed numerous corporate and asset level mergers, acquisitions and divestments. He also energized excellence in operational, financial, safety and environmental performance throughout his career in multinational, intermediate and junior oil and gas companies. In addition to Advantage, his career included leadership at Ketch Resources Trust, Unocal Corporation, Northrock Resources Ltd., and BP Canada.
Mr. Mah is a graduate of the University of Saskatchewan, B.Sc. Chemistry in 1980 and B.Sc. Chemical Engineering in 1982. He is a member of APEGA and has served on the Board of Governors of the Canadian Association of Petroleum Producers (CAPP) and numerous volunteer associations, including being a representative on the Canada Olympic Committee.
Jay P. Reid
Mr. Reid is a Partner at the Calgary based law firm of Burnet, Duckworth & Palmer LLP where he has practiced corporate and securities law since 1990. Among other things, Mr. Reid provides advice to issuers and underwriters in respect of private and public issuances of securities and provides advice to issuers, financial advisors, Boards of Directors and special committees on business combinations, reorganizations, mergers, take-overs, arrangements, amalgamations, governance matters and shareholder activist activities. During his career, Mr. Reid has served as a director or Corporate Secretary for over 30 publicly listed or private companies.
Committees Of The Board Of Directors
Reserves and Health, Safety and Environment Committee
Governance & Sustainability Committee