Thursday, April 29, 2021
Webinar (Virtual Meeting Invites will be emailed to registrants closer to date)
8:30 am to 10:30 am MT

Join PSAC on Thursday April 29, 2021 for its latest Oilfield Services Industry Outlook Mid-Year Update. This event will be held virtually and will feature presentations by:

  • Pierre Cléroux, Vice President, Research and Chief Economist, Business Development Bank (BDC), who will share up-to-date information on the performance of global, national, and Alberta economies, including key data and trends that will influence the oil and gas sector;
  • Audun M. Martinsen, Head of Energy Research, Rystad Energy, who will provide thoughts on the US oil and gas industry including future expectations for the oilfield services sector;
  • Patrick J. O’Rourke, Managing Director, Institutional Equity Research, ATB Capital, who will provide an E&P perspective; and
  • Elizabeth Aquin, Interim President & CEO, PSAC, who will provide an update to PSAC’s Oilfield Services Activity Forecast.

Event Sponsors:



PSAC MEMBER registration
(free for all PSAC Members):
NON-MEMBER registration
(Early-Bird: $85 + GST / person):

Speaker Profiles:

Pierre Cléroux
Vice President, Research and Chief Economist
Business Development Bank (BDC)

Pierre leads a team of experts who analyze economic data to identify business and sector trends impacting Canadian entrepreneurs. A seasoned speaker, he helps business owners understand the risks and opportunities presented by the economic environment.

Mr. Cléroux is also responsible for providing economic analysis and advice to the Bank’s senior management team, and supervises all marketing and industry research activities. Over his 25-year career as an economist, he has held several influential positions that had a direct impact on entrepreneurs in Canada and abroad.

Audun M. Martinsen
Head of Energy Research
Rystad Energy

Audun M. Martinsen is Partner and Head of Energy Service research at Rystad Energy. He is managing the energy service research team as well as being the Product Manager for the supply chain databases ServiceCube. His fields of expertise include the global offshore and onshore energy service market, cost analysis and supply and demand studies. He holds a Master of Science in Marine Engineering from the Norwegian University of Science and Technology (NTNU) and University of Berkeley, California, and an Executive Master of Management Program within finance from BI. He has broad experience within the energy industry and supply chain with previous engagements at Coriolis, Shell and BW Offshore where he has worked as a lead engineer, product developer, system consultant and analyst.

Patrick J. O’Rourke
Managing Director, Institutional Equity Research
ATB Capital Markets

Patrick J. O’Rourke, CFA is the Managing Director, Institutional Equity Research at ATB Capital Markets. He currently covers the Junior and Mid-Cap Exploration & Production sector in Canada. Prior to joining ATB, Patrick held roles with AltaCorp Capital, Stifel Nicolaus and Bissett Energy Management. He holds a Bachelors Degree from McMaster University and is a CFA Charterholder.

Elizabeth Aquin
Interim President & CEO
Petroleum Services Association of Canada (PSAC)

Elizabeth promotes and serves the interests of members through execution of the Association’s Strategic Plan, federal and provincial government advocacy and public relations. She works with members on strategic, business, and technical issues facing the industry to enable the continued innovation, technological advancement and in-the-field experience they supply, helping to increase efficiency, ensure safety, and protect the environment.


Cancellation Policy:

Cancellations are not permitted. No refunds will be issued. Substitutions are permitted until Monday April 26, 2021. Please email the names of substitutes to