TIMOTHY S. KRAVINCHUK, P.

Eng
PROFESSIONAL EXPERIENCE
Petrotech Engineering Ltd. (Burnaby, BC)
2016 present
Petroleum Engineering Consultant
Using decline analysis, volumetrics, and performance prediction techniques, assessed feasibility and
estimated reserves and economics for oil and gas properties within Colombia, Mexico and the United
States of America
Assisted in the preparation of year-end reserves reports, on behalf of clients
Interacted with clients to ensure that project guidelines and expectations were met
Alberta Securities Commission (Calgary, AB)
2015 2016
Senior Petroleum Evaluation Engineer
Conducted reviews of publicly disclosed oil and gas information based on legislative requirements and
technical standards
Performed technical reviews/audits of oil and gas reserves and resources other than reserves (ROTR)
data
Provided technical leadership and views of oil and gas matters to internal staff and capital markets
participants
Contributed to the development of procedures in the Department
Participated in amendments to National Instrument 51 101 Standards of Disclosure for Oil and Gas
Activities (NI 51 101) and The Canadian Oil and Gas Evaluation Handbook (COGE Handbook)
Sproule Associates Ltd. (Calgary, AB)
2013 2014, 2014 2015
Petroleum Engineer (Contract)
Using decline analysis, volumetrics, and performance prediction techniques, assessed feasibility and
estimated reserves and economics for several heavy oil properties within Alberta and Saskatchewan
Assessed feasibility and estimated reserves and economics for several waterfloods in heavy oil properties
in Saskatchewan, including working with geologists to determine volumetric parameters and recovery
factors
Assisted in the preparation of year-end reserves reports, on behalf of clients
Interacted with clients to ensure that project guidelines and expectations were met

Penn West Exploration (Calgary, AB)

2011 2013
Evaluations Engineer, Acquisitions & Divestitures
Worked with the Asset Rationalization group and Development teams to identify potential acquisition or
divestiture opportunities.
Used knowledge gained from working with the teams to identify longer term strategic opportunities for
Penn West and worked towards execution of those opportunities.
Reviewed competitors financial and operating results to assist in evaluation of properties and/or
companies for acquisition/divestiture.
Reviewed competitor divestiture packages to determine Penn Wests level of interest and completed
evaluations of these packages.
Evaluated properties and/or companies within British Columbia, Alberta and Saskatchewan for
acquisition/divestiture.
Reviewed approximately 100 potential transactions (acquisitions, divestitures, swaps)
Dollar amounts ranging from $10K to $400MM
Production amounts ranging from 0 to 4,200 boe/d
Undertook technical review of underperforming properties to assess their candidacy for divestiture.
Resume Timothy S. Kravinchuk

Page 1

Conducted data gathering and analysis activities for identified properties

Worked with Development teams to identify any potential upside
Evaluated properties to determine current value
Made presentations to management based on the evaluation outcomes

Sproule Associates Ltd. (Calgary, AB)

2005 2011
Petroleum Engineer
Using decline analysis, volumetrics, material balance and performance prediction techniques, estimated
reserves and economics for oil and gas properties and corporate evaluations within the Western Canadian
Sedimentary Basin.
Modeled economics by utilizing industry software to generate sensitivities used in evaluations of oil and
gas properties.
Conducted reservoir, exploitation and development engineering studies, both domestically and
internationally, related to performance and potential upside.
Gathered, reconciled and assessed reservoir, economics, risk and geology data required for oil and gas
properties and corporate evaluations
Conducted third-party evaluations of oil and gas companies for their potential acquisition and/or
divestiture.
Prepared and presented in-house technical presentations for management.
Proven Reserves Exploitation Ltd. (Calgary, AB)
2003 2005
Reservoir Engineer
Performed production optimization analyses regarding the feasibility of secondary recovery
(waterflooding) of oil reserves within the Western Canadian Sedimentary Basin (predominantly Alberta,
also British Columbia and Saskatchewan).
Researched and created various regulatory applications, on behalf of clients, regarding enhanced recovery,
downspacing, commingling, water/gas disposal, concurrent production and compulsory pooling.
Submitted above applications to the Oil & Gas Commission (British Columbia), Alberta Energy
Regulator (Alberta) and Saskatchewan Industry & Resources (Saskatchewan).
Conducted numerous reserve estimates and production forecasts using decline analysis, volumetrics, and
material balance.
Analyzed abandoned and suspended pools for possible re-activation.
Optimum Energy Management Inc. (Calgary, AB)
2002
Procurement Analyst
Developed energy procurement strategies to obtain competitive electricity pricing for clients, including
price forecasting, load profiling and rate analysis.
Prepared and issued request-for-proposal documents (RFP) to qualified bidders
Performed economic analysis associated with risk management and energy procurement issues, as input to
the aforementioned RFP documents.
Assisted in creating, compiling and editing information bulletins, both weekly and monthly, for clients and
management.
EPCOR Utilities (Edmonton, AB)
2000 2002
Various Engineering Positions
Tabulated and verified all settlement data for EPCOR Generation, and between EPCOR and all associated
buyers of Power Purchase Arrangements (PPAs).
Developed models used for validating all settlement data for EPCOR Generation.
Functioned as a liaison between EPCOR, Power Pool of Alberta (now the Alberta Electric System
Operator - AESO), and all other Alberta power producers regarding PPAs,
Resume Timothy S. Kravinchuk

Page 2

Functioned as a liaison between the AESO and Plant Operators regarding unit availability and efficiency
on a real-time basis (24/7/365).
Monitored and coordinated generation requests on an hour-to-hour basis as directed by the AESO.
Provided bids, offers and restatements to the AESO for generation and price sensitive loads.
Trained and mentored new Engineers-In-Training and co-op students in the group.

Conquest Dataline Inc. (Westlock and Provost, AB; Swift Current, SK)
1999 2000
Wireline Assistant
Drove and assisted in the operation and maintenance of a cased hole wireline truck throughout Alberta
and Saskatchewan, as well as all tools associated with perforating and logging services
Assisted with perforating and requested logging services

EDUCATION
Bachelor of Science, Petroleum Engineering
University of Alberta (Edmonton, AB)

1998

Bachelor of Science, Physical Sciences

University of Alberta (Edmonton, AB)

1994

PROFESSIONAL DEVELOPMENT

Unconventional Resources Assessment

Uncertainty and Risk in Oil and Gas
Evaluations
Petroleum Industry Decision Analysis and
Value of Information
Current Developments in Heavy Oil Recovery

Overview of Cold Production

Introduction to Heavy Oil Production
Technologies
Fundamentals of Coal Bed Methane
Evaluation of Canadian Oil & Gas Properties

Resume Timothy S. Kravinchuk

Page 3