Commercial Manager

Wolf Lake Exploration | Calgary, Alberta | Full-Time

About Wolf Lake Exploration

Wolf Lake Exploration is a growing upstream oil and gas company headquartered in Calgary, Alberta, with production and infrastructure interests across the Western Canadian Sedimentary Basin. We run a lean, entrepreneurial operation where strong commercial thinking directly shapes company performance — and where the people behind that thinking are trusted with real responsibility.

The Prospect

We are seeking a Commercial Manager to own the full commercial value chain for our production — crude, gas, condensate, NGLs, and Sulphur — from wellhead to sales point. This is a hybrid commercial-and-analytical leadership role: part dealmaker, part analyst. You will negotiate the agreements that move our products to market, manage our joint-venture and midstream relationships, and build the economic analysis that underpins every major commercial decision we make.

What You'll Do

Marketing & Market Access

- Develop and execute the marketing strategy for all product streams to maximize realized price and netback
- Negotiate and administer sales, transportation, firm-service, and diluent/blending agreements, and manage physical logistics — nominations, scheduling, apportionment, and imbalances
- Optimize netbacks through market and hub selection, blending, transportation path, and timing, while managing differential and basis exposure (WTI, AECO, Edmonton/Conway/Mont Belvieu)
- Deliver market intelligence and pricing analysis to inform marketing, budgeting, and hedging, and maintain netback models and realized-price KPIs

Joint Venture & Partner Management
- Act as commercial lead on operated and non-operated JVs, representing Wolf Lake on operating committees and managing work programs, budgets, AFEs, and ballots
- Protect our non-operator interests: scrutinize operator budgets and cost allocations, enforce agreement terms, and pursue audit rights
- Manage ROFRs, pre-emptive rights, AMI obligations, and partner consents,



and resolve disputes with partners and operators
- Support acquisitions and divestitures with business-case development and due diligence on JV and partnership exposures

Infrastructure & Midstream Commercial
- Own the commercial structuring of our infrastructure — gas processing, gathering, compression, water handling, and third-party access
- Negotiate processing, gathering, and handling agreements, tolls and fees, and take-or-pay or minimum-volume commitments
- Evaluate build-vs-toll and own-vs-outsource decisions, and develop the commercial case for tie-ins, capacity, and egress solutions
- Identify and capture third-party revenue on company-operated infrastructure, and monitor egress and counterparty risk

What You Bring
- A Bachelor's degree in Business, Finance, Economics, Engineering, or a related field; an MBA, CFA, or CPA is an asset
- 8+ years in upstream or midstream commercial, marketing, or business development, with a proven track record negotiating marketing, transportation, processing, and JV agreements in the WCSB
- Deep knowledge of WCSB egress and pricing fundamentals across crude, gas, and NGL markets
- Fluency in industry agreement frameworks (CAPL, PJVA CO&O;/GHA, PASC, unitization) and the AER regulatory environment
- Strong economic-modeling skills — netbacks, toll/tariff economics, DCF/NPV — and advanced Excel
- A skilled negotiator with sound commercial judgment, rigorous analytical habits, and the ability to self-direct across a broad agreement portfolio

What We Offer
- Competitive salary and comprehensive benefits, including health and dental coverage
- Paid vacation and statutory holidays
- On-site parking at our Calgary office
- A collaborative, entrepreneurial culture where your commercial decisions have a direct and visible impact on company results

How to Apply If you're ready to take ownership of the commercial value chain at a company where your work moves the needle, we'd love to hear from you.

Wolf Lake Exploration is an equal opportunity employer. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

📌 Commercial Manager (Calgary)
🏢 Wolf Lake Exploration
📍 Calgary