![Don Gray](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Don Gray
Founder at
PETRUS RESOURCES LTD.
Net worth: 89 M $ as of 2026-05-30
Profile
Donald T.
Gray was the founder of Peyto Energy Trust, founded in 1998, where the title held was Chief Executive Officer from 2006 to 2007.
Mr. Gray is the founder of Peyto Exploration & Development Corp., founded in 1998, holding the title of Chairman since 2009.
Mr. Gray is the founder of Petrus Resources Ltd., founded in 2015, holding the title of Chairman since 2015.
Current jobs include Director at Gear Energy Ltd. since 2024 and Independent Director at Lotus Creek Exploration, Inc. starting in 2025.
Former jobs include Chairman at Black Mountain Energy Corp.
from 2010 to 2013, Chairman at Petrus Resources Corp.
from 2010 to 2016, and Chairman at eIQ Capital Corp.
from 2013 to 2017.
Education includes undergraduate studies at Texas A&M University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
PETRUS RESOURCES LTD. 25.96% | 2026-05-31 | 38,382,974 ( 25.96% ) | 48 M $ | 2026-05-30 |
| 2026-05-21 | 1,470,136 ( 0.72% ) | 26 M $ | 2026-05-30 | |
9.92% | 2026-06-04 | 3,976,925 ( 9.92% ) | 11 M $ | 2026-05-30 |
| 2025-01-26 | 10,548,480 ( 4% ) | 4 M $ | 2025-01-30 |
Don Gray active positions
| Companies | Position | Start |
|---|---|---|
| GEAR ENERGY LTD. | Director/Board Member | 2024-05-08 |
| PEYTO EXPLORATION & DEVELOPMENT CORP. | Founder | 1998-09-30 |
| PETRUS RESOURCES LTD. | Founder | 2015-11-24 |
Former positions of Don Gray
| Companies | Position | End |
|---|---|---|
eIQ Capital Corp.
 eIQ Capital Corp. Financial ConglomeratesFinance Functions as investment holding company | Chairman | 2017-08-31 |
Petrus Resources Corp.
 Petrus Resources Corp. Oil & Gas ProductionEnergy Minerals Provides oil and gas exploration services | Chairman | 2016-02-01 |
Black Mountain Energy Corp. | Chairman | 2013-02-26 |
Peyto Energy Trust
 Peyto Energy Trust Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Chief Executive Officer | 2006-12-31 |
Training of Don Gray
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
39
1st degree connections
8
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 8 |
|---|---|
Peyto Energy Trust
Peyto Energy Trust Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
Gear Energy Ltd.
 Gear Energy Ltd. Oil & Gas ProductionEnergy Minerals Engages in the exploration, development and production of oil and gas properties | Energy Minerals |
Texas A&M University
 Texas A&M University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Black Mountain Energy Corp. | |
Peyto Exploration & Development Corp.
 Peyto Exploration & Development Corp. Integrated OilEnergy Minerals Engages in exploration, development and production of oil and natural gas | Energy Minerals |
Petrus Resources Corp.
Petrus Resources Corp. Oil & Gas ProductionEnergy Minerals Provides oil and gas exploration services | Energy Minerals |
eIQ Capital Corp.
eIQ Capital Corp. Financial ConglomeratesFinance Functions as investment holding company | Finance |
Petrus Resources Ltd.
 Petrus Resources Ltd. Integrated OilEnergy Minerals Engages in exploration of oil and natural gas | Energy Minerals |
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