Petroleum Society of Canada Completes Merger Agreement with SPE
RICHARDSON, Texas (15 June 2009) -- The Boards of the Petroleum Society of Canada and the Society of Petroleum Engineers (SPE) have approved a merger agreement that will create a new Canadian organization, SPE Canada, to serve the combined membership of approximately 4,500 in Canada. The two societies signed the merger agreement on 11 June, with the legal closing expected to take place by 7 August.
“This is an exciting opportunity for both Petroleum Society and SPE members to develop an even stronger organization in Canada and to enhance technical knowledge exchange globally,” said Leo Roodhart, 2009 SPE president. “We are pleased that Petroleum Society members voted overwhelmingly in favor of the merger, and we welcome the Canadian members to SPE.”
“Members of the Petroleum Society of Canada see the merger with SPE as a very positive event. It is this type of cooperation and vision that makes me proud to be a member and to see the society grow to the benefit of all of its members,” said Robert Hawkes, Petroleum Society of Canada chairman.
SPE Canada will focus on enhancing benefits for members and supporting the Canadian E&P business and technology. SPE gains about 1,000 members in Canada through the merger and additional Canadian technical resources, including the Petroleum Society’s Journal of Canadian Petroleum Technology, the TechBank database of technical papers, continuing education program, and several key Canadian conferences. By joining forces with SPE, Petroleum Society members become part of a larger organization in Canada while gaining greater access to global petroleum technology through SPE’s network of more than 88,000 members worldwide and through additional technical resources, events, publications and programs provided by SPE.
The Petroleum Society office in Calgary will become the SPE Canada office, continuing support of services to Canadian members and publication of the Journal of Canadian Petroleum Technology. Some energy professionals already hold memberships in both societies. All 2009 members of the Petroleum Society can automatically become SPE members by opting in, and will receive a communication at a later date about how to do that.
SPE has three current sections in the Canada Region: Calgary, Edmonton, and Atlantic. Two new sections are pending SPE board approval in June: South Saskatchewan and Lloydminster. Helen Chang, Nexen Inc., represents the Canadian Region on the SPE International Board of Directors until October 2010, when her term on the board expires. She additionally will serve on the SPE Canada Board of Directors, which will be made up of members of both societies to be announced shortly. A list of frequently asked questions about membership is posted at www.petsoc.org and at www.spe.org/go/canada.
The Society of Petroleum Engineers (SPE) is a not-for-profit professional association whose members are engaged in energy resources development and production. SPE serves 88,000-plus members in 118 countries worldwide. SPE is a key resource for technical knowledge related to the oil and gas exploration and production industry and provides services through its publications, conferences, workshops, forums, and website at www.spe.org.
Margaret Watson, Society of Petroleum Engineers