Who We Are

 
Company and Founders' Background

The founders of ApecTec have over 50 years combined experience in oil and gas, corporate finance, private equity and investment banking–helping companies and entrepreneurs raise money; and helping investors on several continents. Their experience includes financing of joint ventures, both small and large, drilling partnerships, gas plants and public oil companies.

The founders' success is the result of building trusting relationships with entrepreneurs and investors and by applying a Win:Win philosophy to business transactions. ApecTec was founded to serve the needs of oil and gas entrepreneurs and private equity investors.

The founders' favorable experience of private equity investing on the ground floor, at the seed stage; combined with their experience of investing in companies in North America, the Middle East and Asia led to their decision to establish ApecTec.

Why was ApecTec formed now?

Our founders believe the "timing is everything" strategy, given:

• Growing need for financing oil and gas joint ventures and startups.
• Growing needs of investors to be unlimited by geography.
• Demand for globalizing of the oil and gas industry.
• Advantages of learning from others' mistakes (e.g. market corrections).
• Favorable World trade growth outlook for the whole Energy sector.

What makes Calgary a good location for ApecTec?

Calgary is strategically located in the Western part of Canada, near the Rocky Mountains in the province of Alberta.

Fast Facts About Alberta

Alberta's extensive technology infrastructure, strong knowledge base and favourable business climate makes us industry leaders in oil and gas.

Oil

The oil industry is the foundation of Alberta's modern economy. We are one of the world's top energy producers with large reserves of oil and natural gas. The oil sand deposits in Alberta are the largest in the world.  In 2001, production from conventional oil, oil sands and pentanes was 1.53 million barrels/day.

In 2001 Alberta accounted for:

• 69% of all the energy produced in Canada
• 65% of Canada's conventional oil
• 80% of Canada's natural gas
• 100% of Canada's bitumen and synthetic crude oil

Natural Gas

Natural gas is becoming increasingly important as an energy fuel worldwide. In 2001, Alberta's marketable natural gas deliveries totaled 5.1 trillion cubic feet, making it the world’s 2^nd largest natural gas exporter.

In 2001, the production of natural gas liquids (ethane, propane, and butanes) totaled 165 million barrels, valued at $2.27 billion.

Alberta holds a 13% share of the U.S. natural gas market.

International Trade

With over 55 years experience developing oil and gas reserves, Albertans have a history of innovative performance that is world class. Over the last five years, our international trade in goods and services has achieved an average, annual growth of almost 10%.   Albertans are known for conducting business with a strong focus on export markets. We are proud to trade with over 150 countries. More than 2,000 Alberta businesses are exporting goods and services. Annual sales exceed $38 billion.

A Leader in Enhanced Recovery . . . More from Your Reservoir

Alberta is recognized around the world for enhanced recovery techniques for mature reservoirs, as well as for rehabilitation of oil and gas fields. We have an immense amount of advanced expertise on using solvents instead of steam for more efficient extraction, and gas boosters to lift output from marginal wells.

Alberta software is used to model the movement of fluids for a wide range of recovery processes, including thermal stimulation. This software is used around the world.

Pipelines and Transportation . . . Let's Move It!

Albertans are well known for their talent in design, procurement, construction, and management of pipelines. We have taken our expertise everywhere from tropical jungles to hard rock alpine passes. We know how to efficiently move gas and oil, including heavy oil, over vast distances and varied terrain.

Heavy or Sour . . . Alberta's Got the Power!

Alberta's multi-million-dollar research has produced dozens of innovative technologies and processes. These new methods are used to lower the cost of developing heavy oil and sour gas.

Alberta is also a leader in the safe handling and exploitation of deep, high-pressure sour oil and gas. This includes sour gas clean up, sulphur handling, and inhibiting corrosion.

Alberta Oil Sands

Construction of oil sands industry projects is a major driver behind the current level of economic activity in Alberta. Oil projects account for almost 65% of all major projects.  During the operational phases of these projects (most of them have life spans of 30 years or more), they will contribute to the economic well being of the province through long-term employment creation, purchases of goods and services, and payment of taxes and royalties.

Oil sands industry expansion also places stresses on the social fabric and the biophysical environment. These need to be managed and mitigated where possible. Mitigation involves the timely identification of the issues, information sharing among all stakeholders, and the initiation of appropriate and often multi-party initiatives. 

 
Barclay W. Hambrook

Barclay Hambrook, P. Eng., MBA has over 25 years of oil and gas industry experience.  His experience includes engineering, investing, marketing of oil and gas services and equipment and covers both the domestic and international.  Being an entrepreneur himself and having personally invested in the upstream and downsteam sectors of the oil and gas industry, he appreciates what it takes to succeed.

Over his career, Barclay has been responsible for over $100 million invested into various oil and gas projects, large and small.   One project involved his identifying, evaluating, negotiating, purchasing and then reselling for profit a $25 million producing oil property—all occurring within 3 months.  He funded and managed joint venture partnerships to drill low risk exploration/development wells which had a 90% success rate.  Barclay has also structured and funded early cash flowing limited partnerships to build gas processing facilities.  He acted as financial advisor to a very large Asian Trust on a multi-million tax-leveraged investment (i.e. seismic and drilling program) with a junior Canadian oil company.

As the oil and gas financial analyst for a private investment firm, he researched, analyzed, recommended, managed due diligence and negotiated investments which included the acquisition of a control block in a Toronto Stock Exchange listed Oil & Gas company.  He served as Chairman, appointed a new board of directors from his industry contacts, and helped initiate the company’s turnaround.  Today, this company has grown into a major independent producer with investors having enjoyed high ROI.

Since 1988, he has been president of Enercana Capital and has provided financial advisory services to technology and resource companies.  Services have included preparation of professional business plans, financial analyses, valuations, offering memorandums, and technical reports in accordance with Canadian/United States securities and financial institution standards. Barclay has served on boards of directors of several private and public companies.  He has prepared offerings and memorandums successfully used by clients to raise private and public venture capital, restructuring, partnering and litigation support. 

Barclay has traveled extensively (e.g. Middle East, Asia, North Africa) and has successfully conducted business overseas.  He attributes his success in international markets to a keen appreciation and respect for local customs, history, and culture and his desire to build strong personal and successful business relationships.