Michael Culbert
Director/Board Member at PRECISION DRILLING CORPORATION
Net worth: 809 018 $ as of 30/03/2024
Profile
Michael Robert Culbert founded Progress Energy Ltd.
in 2001, where he worked as President, Chief Executive Officer & Director from 2004 to 2016.
Mr. Culbert also currently works at TC Energy Corp., as Independent Director from 2020, Reserve Royalty Corp., as Director, TransCanada PipeLines Ltd., as Independent Director from 2020, Precision Drilling Corp., as Independent Director from 2017, TransCanada Trust, as Director, and Humble Midstream II LLC, as Director from 2023.
Mr. Culbert also formerly worked at Progress Energy Trust, as President & Chief Executive Officer from 2001 to 2009, PETRONAS Energy Canada Ltd., as Vice Chairman from 2016 to 2020, Spitfire Energy Ltd., as Director from 2007 to 2008, Seaview Energy, Inc., as Independent Director from 2011 to 2012, Home Oil Co. Ltd., as Marketing Director from 1980 to 1995, Enerplus Corp., as Independent Director from 2014 to 2020, Reserve Royalty Income Trust, as Director from 2017 to 2021, Encal Energy Ltd., as Vice President-Marketing & Business Development from 1995 to 2001, Canadian Association of Petroleum Producers, as Member-Governors Board, The Haskayne School of Business, as Founding Member, and Pacific Northwest LNG Ltd., as President from 2014 to 2017.
Mr. Culbert received his undergraduate degree from Emmanuel College, Inc.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
TC ENERGY CORPORATION
0.00% | 30/12/2023 | 10,500 ( 0.00% ) | 422 100 $ | 30/03/2024 |
| 30/03/2024 | 5,750 ( 0.04% ) | 386 918 $ | 30/03/2024 |
Michael Culbert active positions
| Companies | Position | Start |
|---|---|---|
| PRECISION DRILLING CORPORATION | Director/Board Member | 30/11/2017 |
| TC ENERGY CORPORATION | Director/Board Member | 30/04/2020 |
| TRANSCANADA PIPELINES LTD | Director/Board Member | 31/12/2019 |
TransCanada Trust
 TransCanada Trust Finance/Rental/LeasingFinance TransCanada Trust is a unit trust. It has been formed for the purpose of issuing debt securities, including the Trust Notes, and acquiring and holding the Trust Assets in order to generate funds for payment of principal, interest, the redemption price and the amounts payable on purchase for cancellation, if any, and any other amounts, in respect of its debt securities, including the Trust Notes. The Trust was founded on September 16, 2014 and is headquartered in Calgary, Canada. | Director/Board Member | - |
Reserve Royalty Corp.
 Reserve Royalty Corp. Investment Trusts/Mutual FundsMiscellaneous Part of FBS Properties, Inc., Reserve Royalty Corp. provides financing services to the oil industry. The private company is based in Calgary, Canada. Reserve Royalty was acquired by FBS Properties, Inc. from PrimeWest Energy Trust/Old/ on September 29, 2015. | Director/Board Member | - |
Former positions of Michael Culbert
| Companies | Position | End |
|---|---|---|
Reserve Royalty Income Trust
 Reserve Royalty Income Trust Integrated OilEnergy Minerals Reserve Royalty Income Trust produces oil and gas. The private company is based in Calgary, Canada. The Canadian company was founded in 2013 by Randy Best, Rick F. Braund. | Director/Board Member | 31/05/2021 |
| ENERPLUS CORPORATION | Director/Board Member | 06/08/2020 |
PETRONAS Energy Canada Ltd.
 PETRONAS Energy Canada Ltd. Oil & Gas ProductionEnergy Minerals PETRONAS Energy Canada Ltd. engages in the exploration, development and production of petroleum and natural gas in British Columbia and Alberta. The firm holds interest in the Deep Basin and Foothills. The company was founded on April 8, 2004 and is headquartered in Calgary, Canada. | Chief Executive Officer | 30/10/2016 |
Pacific Northwest LNG Ltd.
 Pacific Northwest LNG Ltd. Gas DistributorsUtilities Pacific Northwest LNG Ltd. processes and transmits gas. The private company is based in Vancouver, Canada. The Canadian company is a subsidiary of PETRONAS, a Malaysian oil and gas company ultimately controlled by the Government of Malaysia. The company was founded by Mary Jacqueline Sheppard. | President | 31/12/2015 |
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Training of Michael Culbert
| Emmanuel College, Inc. | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| TC ENERGY CORPORATION | Industrial Services |
| PRECISION DRILLING CORPORATION | Industrial Services |
| ENERPLUS CORPORATION | Energy Minerals |
| Private companies | 13 |
|---|---|
Encal Energy Ltd.
 Encal Energy Ltd. Oil & Gas ProductionEnergy Minerals Part of Calpine Corp., Encal Energy Ltd. explores for and produces oil and natural gas. The private company is based in Calgary, Canada. The Canadian company was founded by Michael Columbos. Encal Energy was acquired by Calpine Corp. on April 19, 2001 for $895.45 million. | Energy Minerals |
Progress Energy Ltd.
 Progress Energy Ltd. Oil & Gas ProductionEnergy Minerals Progress Energy Ltd. owns the petroleum and natural gas properties and assets. It is an energy trust company focused in the western canadian sedimentary basin. The trust is one of the new hybrid energy trusts focused on sustainability through the drilling of internally generated opportunities. Progress Energy is located in Calgary, Canada. | Energy Minerals |
Spitfire Energy Ltd.
 Spitfire Energy Ltd. Financial ConglomeratesFinance Spitfire Energy Ltd. explores and mines for oil and gas. It engages in the drilling of natural gas and medium oil properties. The company was founded on August 30, 2001 and is headquartered in Calgary, Canada. | Finance |
Progress Energy Trust
 Progress Energy Trust Investment Trusts/Mutual FundsMiscellaneous Progress Energy Trust ('Progress') is a natural gas weighted exploration and production trust based in Calgary, Alberta, Canada. Progress represents a new breed of trust where the technical oil and gas expertise is employed within the trust. Operations are primarily focused in the highly prospective foothills and plains of northeast British Columbia and the deep basin of northwest Alberta | Miscellaneous |
Seaview Energy, Inc.
 Seaview Energy, Inc. Contract DrillingIndustrial Services Seaview is a Calgary based, natural gas and light crude oil focused, exploration and development company. The company operates and develops high quality assets within its core areas, focusing on the Peace River Arch area of northwest Alberta and Southeast Saskatchewan. It was founded on December 13, 2006 and is headquartered in Calgary, Canada. | Industrial Services |
Home Oil Co. Ltd.
 Home Oil Co. Ltd. Contract DrillingIndustrial Services Home Oil Co., Ltd. provided oil and natural gas exploration services. The company was headquartered in Calgary, Canada. | Industrial Services |
Reserve Royalty Corp.
Reserve Royalty Corp. Investment Trusts/Mutual FundsMiscellaneous Part of FBS Properties, Inc., Reserve Royalty Corp. provides financing services to the oil industry. The private company is based in Calgary, Canada. Reserve Royalty was acquired by FBS Properties, Inc. from PrimeWest Energy Trust/Old/ on September 29, 2015. | Miscellaneous |
TransCanada PipeLines Ltd.
 TransCanada PipeLines Ltd. Oil & Gas PipelinesIndustrial Services TransCanada PipeLines Ltd. provides pipeline services for the gas and oil industries. It operates through the following segments: Natural Gas Pipelines, Liquids Pipelines and Power and Storage. The company was founded on March 21, 1951 and is headquartered in Calgary, Canada. | Industrial Services |
Canadian Association of Petroleum Producers
 Canadian Association of Petroleum Producers Miscellaneous Commercial ServicesCommercial Services Canadian Association of Petroleum Producers operates as the voice of Canada''s upstream oil and natural gas industry. The company was founded in 1927 and is headquartered in Calgary, Canada. | Commercial Services |
PETRONAS Energy Canada Ltd.
PETRONAS Energy Canada Ltd. Oil & Gas ProductionEnergy Minerals PETRONAS Energy Canada Ltd. engages in the exploration, development and production of petroleum and natural gas in British Columbia and Alberta. The firm holds interest in the Deep Basin and Foothills. The company was founded on April 8, 2004 and is headquartered in Calgary, Canada. | Energy Minerals |
Pacific Northwest LNG Ltd.
Pacific Northwest LNG Ltd. Gas DistributorsUtilities Pacific Northwest LNG Ltd. processes and transmits gas. The private company is based in Vancouver, Canada. The Canadian company is a subsidiary of PETRONAS, a Malaysian oil and gas company ultimately controlled by the Government of Malaysia. The company was founded by Mary Jacqueline Sheppard. | Utilities |
TransCanada Trust
TransCanada Trust Finance/Rental/LeasingFinance TransCanada Trust is a unit trust. It has been formed for the purpose of issuing debt securities, including the Trust Notes, and acquiring and holding the Trust Assets in order to generate funds for payment of principal, interest, the redemption price and the amounts payable on purchase for cancellation, if any, and any other amounts, in respect of its debt securities, including the Trust Notes. The Trust was founded on September 16, 2014 and is headquartered in Calgary, Canada. | Finance |
Reserve Royalty Income Trust
Reserve Royalty Income Trust Integrated OilEnergy Minerals Reserve Royalty Income Trust produces oil and gas. The private company is based in Calgary, Canada. The Canadian company was founded in 2013 by Randy Best, Rick F. Braund. | Energy Minerals |
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