Executive Chairman


    Mr. Mathison is one of the Corporation's founders and has served as a member of the board of directors and as Chairman of the Corporation since its formation in 1999.  In June 2019, Mr. Mathison was appointed Executive Chairman. Mr. Mathison is the President and Chief Executive Officer of Matco Investments Ltd. and Matco Capital Ltd., private investment firms which specialize in providing capital and management expertise to companies in which they have an interest.  Mr. Mathison has extensive experience in restructuring and financing companies in both the public and private markets.  Until October 2000, Mr. Mathison was a director and principal of Peters & Co. Limited, an investment firm specializing in the oil and natural gas industry.  Prior thereto, Mr. Mathison and two other individuals formed the nucleus of Peters & Co. Capital, a private merchant banking entity that is widely associated with numerous restructurings of oil and natural gas exploration and production companies and oilfield service companies.



    George Armoyan is Executive Chairman of G2S2 Capital Inc., President of Armco Capital Inc., and Executive Chairman, President & CEO of Clarke Inc. Mr. Armoyan is an entrepreneur with extensive experience in real estate and various industries. Since 1982, Mr. Armoyan has successfully founded and grown numerous businesses, created shareholder value at several public companies through restructuring operations by applying a common-sense approach to business. 

    Mr. Armoyan serves on the Board of Clarke Inc. (TSX:CKI), Calfrac Well Services Ltd (TSX:CFW) and Bonavista Energy Corporation.



    Mr. Duggal has significant institutional investing experience within the global energy sector. He was a partner at 3G Capital, a global multi-billion dollar asset manager, where he helped launch, manage, and grow a natural resource focused equity and credit fund. Prior to that, he was an investor with Goldman Sachs Investment Partners, which was the Asset Management division’s flagship hedge fund. Mr. Duggal is also an Adjunct Professor for the MBA program at Columbia Business School, where he teaches value investing courses through the Heilbrunn Center for Graham & Dodd Investing. He is a board member of Optiva Inc., a provider of software to the telecommunications industry. Mr. Duggal graduated from the University of Western Ontario with an Honors Business Administration degree (Richard Ivey School of Business, gold medalist) and an Electrical Engineering degree.


    Lead Director


    Mr. Fletcher is an independent businessman involved in the oil and natural gas industry in western Canada.  He is currently the President of Sierra Energy Inc., a private oil and natural gas company that he founded in 1997.  Mr. Fletcher is also a director of: Peyto Exploration & Development Corp., a public oil and natural gas company; and Whitecap Resources Inc., a public oil and natural gas company.  During 2009, Mr. Fletcher completed the Director Education Program developed by the Institute of Corporate Directors and the Rotman School of Management in conjunction with the Haskayne School of Business.



    Mr. Gartner is an independent businessman. Formerly he was the Managing Director of Royal Bank of Canada Capital Markets, a position he held from 2000 to 2006.  Prior to that time, he was a Vice President of Royal Bank of Canada, Calgary Energy Group.  



    In June 2019, Lindsay Link was appointed President and Chief Operating Officer. Lindsay joined Calfrac as President, United States Operating Division in February 2013 and, in January 2015, was appointed Chief Operating Officer of the company. He brings more than 30 years of experience in business strategy, growth, earnings and execution gained from North American and international assignments in the oil and gas services industry. Before joining Calfrac, Lindsay held senior management positions at Baker Hughes including Managing Director, Continental Europe and President, Pressure Pumping. From 2004 to 2010 he was Vice President, Process & Pipelines Division at BJ Services. Over the course of his career at BJ Services, Lindsay held a variety of engineering, operations, sales and country management positions, gaining significant North American and international experience. Lindsay has a B.Sc. in Mechanical Engineering from the University of Calgary (1983) and an MBA in Finance (1991) from the same institution. He is a Professional Engineer and a member of the Society of Petroleum Engineers (United States).


    Vice Chairman

    Mr. Ramsay is a founder and the Vice Chairman of the Corporation, and he has served as a member of the board of directors of the Corporation since its formation in 1999.  Mr. Ramsay also served as President and Chief Executive Officer of the Corporation from its inception to November 1, 2010 and as Chief Executive Officer from November 1, 2010 until December 31, 2013.  Mr. Ramsay has an extensive background in the oil and natural gas industry.  Prior to 1994, Mr. Ramsay was the President of Canadian Fracmaster Ltd., where he spent 12 years enhancing the overall presence such company in Canada and worldwide.  Previous industry experience as a Project Manager for Delta Consultants, Drilling and Completions Foreman for Dome Petroleum Corp., and Service Operator for BJ Well Services Company has contributed to Mr. Ramsay's overall knowledge of the industry.  Mr. Ramsay is also a director for Tesco Corporation, a public oilfield service company.