Michael Culbert
Net worth: 1 M $ as of 31/03/2026
Net worth: 1 M $ as of 31/03/2026
Michael Robert Culbert was the founder of Progress Energy Ltd., founded in 2001, where the titles held included President, Chief Executive Officer & Director from 2004 to 2016.
Current jobs include Independent Director at TC Energy Corp.
since 2020, Director at Reserve Royalty Corp., Independent Director at TransCanada PipeLines Ltd. since 2020, Director at TransCanada Trust, Director at Humble Midstream II LLC since 2023, and Independent Director at ARC Resources Ltd. since 2024.
Former jobs include President & Chief Executive Officer at Progress Energy Trust from 2001 to 2009, Vice Chairman at PETRONAS Energy Canada Ltd. from 2016 to 2020, Director at Spitfire Energy Ltd. from 2007 to 2008, Independent Director at Seaview Energy, Inc. from 2011 to 2012, Marketing Director at Home Oil Co. Ltd. from 1980 to 1995, Independent Director at Enerplus Corp.
from 2014 to 2020, Director at Reserve Royalty Income Trust from 2017 to 2021, Independent Director at Precision Drilling Corp.
from 2017 to 2024, Vice President-Marketing & Business Development at Encal Energy Ltd. from 1995 to 2001, Member-Governors Board at Canadian Association of Petroleum Producers, Member at The Haskayne School of Business, and President at Pacific Northwest LNG Ltd. from 2014 to 2017.
Education includes undergraduate degree from Emmanuel University.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 05/03/2026 | 10,500 ( 0% ) | 657 300 $ | 31/03/2026 | |
ARC RESOURCES LTD. 0.01% | 31/03/2026 | 28,547 ( 0.01% ) | 593 492 $ | 31/03/2026 |
| Companies | Position | Start |
|---|---|---|
| TC ENERGY CORPORATION | Director/Board Member | 01/05/2020 |
| TRANSCANADA PIPELINES LTD | Director/Board Member | 01/01/2020 |
| ARC RESOURCES LTD. | Director/Board Member | 01/05/2024 |
TransCanada Trust
TransCanada Trust Finance/Rental/LeasingFinance Acts as a financing subsidiary/Special purpose entity | Director/Board Member | - |
Reserve Royalty Corp.
Reserve Royalty Corp. Investment Trusts/Mutual FundsMiscellaneous Provides financing services to the oil industry | Director/Board Member | - |
| Companies | Position | End |
|---|---|---|
| PRECISION DRILLING CORPORATION | Director/Board Member | 16/05/2024 |
Reserve Royalty Income Trust
Reserve Royalty Income Trust Integrated OilEnergy Minerals Produces oil and gas | Director/Board Member | 01/06/2021 |
| ENERPLUS CORPORATION | Director/Board Member | 07/08/2020 |
PETRONAS Energy Canada Ltd.
PETRONAS Energy Canada Ltd. Integrated OilEnergy Minerals Engages in the exploration, development and production of natural gas & oil | Chief Executive Officer | 31/10/2016 |
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Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 19 |
|---|---|
Encal Energy Ltd.
Encal Energy Ltd. Oil & Gas ProductionEnergy Minerals Explores for and produces oil and natural gas | Energy Minerals |
ARC Resources Ltd.
ARC Resources Ltd. Oil & Gas ProductionEnergy Minerals Engages in the exploration, development and production of crude oil and natural gas | Energy Minerals |
Progress Energy Ltd.
Progress Energy Ltd. Oil & Gas ProductionEnergy Minerals Explores and produces oil and gas | Energy Minerals |
Spitfire Energy Ltd.
Spitfire Energy Ltd. Financial ConglomeratesFinance Explores and mines for oil and gas | Finance |
TC Energy Corp.
TC Energy Corp. Oil & Gas PipelinesIndustrial Services Provides natural gas and crude oil pipeline transportation services | Industrial Services |
Progress Energy Trust
Progress Energy Trust Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
Seaview Energy, Inc.
Seaview Energy, Inc. Contract DrillingIndustrial Services Explores for oil and gas | Industrial Services |
Home Oil Co. Ltd.
Home Oil Co. Ltd. Contract DrillingIndustrial Services Provides oil and natural gas exploration services | Industrial Services |
Reserve Royalty Corp.
Reserve Royalty Corp. Investment Trusts/Mutual FundsMiscellaneous Provides financing services to the oil industry | Miscellaneous |
Emmanuel College, Inc.
Emmanuel College, Inc. Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
TransCanada PipeLines Ltd.
TransCanada PipeLines Ltd. Oil & Gas PipelinesIndustrial Services Provides natural gas pipeline and nuclear power services | Industrial Services |
Canadian Association of Petroleum Producers
Canadian Association of Petroleum Producers Miscellaneous Commercial ServicesCommercial Services Operates as a Canadian association of petroleum producers | Commercial Services |
PETRONAS Energy Canada Ltd.
PETRONAS Energy Canada Ltd. Integrated OilEnergy Minerals Engages in the exploration, development and production of natural gas & oil | Energy Minerals |
Precision Drilling Corp.
Precision Drilling Corp. Contract DrillingIndustrial Services Provides onshore drilling services to exploration and production companies in the oil and natural gas industry | Industrial Services |
Enerplus Corp.
Enerplus Corp. Integrated OilEnergy Minerals Engages in exploration of oil and natural gas | Energy Minerals |
The Haskayne School of Business
The Haskayne School of Business Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Pacific Northwest LNG Ltd.
Pacific Northwest LNG Ltd. Gas DistributorsUtilities Engages in the processing and transmission of gas | Utilities |
TransCanada Trust
TransCanada Trust Finance/Rental/LeasingFinance Acts as a financing subsidiary/Special purpose entity | Finance |
Reserve Royalty Income Trust
Reserve Royalty Income Trust Integrated OilEnergy Minerals Produces oil and gas | Energy Minerals |
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