FROM ONE-TRICK PONY TO MONTNEY RACEHORSE
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.