PrairieSky Royalty
Mr. Estey’s principal occupation is as a Corporate Director. Mr. Estey is the retired Chairman of UBS Securities Canada Inc., a financial services company, and has more than 40 years of experience in financial markets. Mr. Estey joined Alfred Bunting and Company as an institutional equity salesperson in 1980 after working at A.E. Ames & Co for seven years. In 1994, Mr. Estey became the head of the Canadian Equities business, and in 2002 Mr. Estey was appointed President & Chief Executive Officer of UBS Securities Canada Inc. In January 2008, Mr. Estey assumed the role of Chairman of UBS Securities Canada Inc. Mr. Estey is a director and Chairman of Gibson Energy Inc., a TSX-listed oil and gas infrastructure company. Mr. Estey also serves on the Advisory Board of the Edwards School of Business at the University of Saskatchewan.
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PrairieSky Royalty
PrairieSky Royalty Ltd. was formed to acquire fee simple mineral title lands predominately in Alberta with the objective to generate significant free cash flow and growth to its shareholders through indirect oil and gas investment at a relatively low risk and low cost to PrairieSky Royalty. PrairieSky Royalty is one of the largest indepently-owned portfolios of fee simple mineral title in Canada, with approximately 6.3 million acres.