FROM ONE-TRICK PONY TO MONT­NEY RACE­HORSE

Alberta Oil - - OBSERVER -

PRONGHORN RE­SOURCES 1987 to 1993 CEO and sole owner

Founded with per­sonal cap­i­tal, its first suc­cess­ful well helps fund smaller ac­qui­si­tions of con­ven­tional oil and gas in South­ern Alberta and South­ern Saskatchewan. Pronghorn merges into Gen­e­sis.

GEN­E­SIS EX­PLO­RATION 1993 to 2001, CEO

Gen­e­sis launches as a ju­nior cap­i­tal pool com­pany on the TSX with an ini­tial raise of $200,000. Wil­son grows it into a 23,000 boe/day com­pany. U.S. ex­plorer Vin­tage Pe­tro­leum buys it for $898 mil­lion, shat­ter­ing Cana­dian records.

VIN­TAGE PE­TRO­LEUM 2001 to 2002, CEO

As part of the deal Wil­son stays on for a year, run­ning Vin­tage

DESCO EX­PLO­RATION 2002, CEO

One month as CEO of Desco Ex­plo­ration, the shell that turns into Celtic through a name change.

CELTIC EX­PLO­RATION 2002 to 2013 ,CEO

In 2002, Wil­son forms Celtic Ex­plo­ration and sells it to ExxonMo­bil in 2013 for $3.1 bil­lion. Exxon buys as­sets that pro­duce 72 Mcf/day of nat­u­ral gas and 4,000 b/d of NGLs, con­den­sate and crude. Celtic share­hold­ers with Wil­son from the be­gin­ning make 50 times their ini­tial in­vest­ments.

KELT EX­PLO­RATION 2013 to present, CEO

In 2015, Artek’s shares plunge 70 per­cent. It an­nounces a 33-per­cent in­crease in re­serves, but strug­gles with bal­ance sheet. Kelt swoops on its neigh­bor­ing play, buy­ing value dur­ing a down­turn— clas­sic Wil­son play­book.

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