Michael Chernoff
Chairman at KELT EXPLORATION LNG LTD
Net worth: 173 M $ as of 2024-03-30
Profile
Michael Bruce Chernoff is the founder of Canoe Financial LP (founded in 2008), Canoe Financial (Private Equity) (founded in 2008), Harvest Energy Trust (founded in 2002), and Pacalta Resources Ltd.
(founded in 1988).
He held the title of Chairman at Harvest Energy Trust from 2002 to 2009.
Currently, Mr. Chernoff holds multiple positions.
He is the Chairman at Maxim Power Corp.
since 2005, the Executive Chairman at Lucero Energy Corp.
since 2012, the Chairman & President at Caribou Capital Corp.
since 1999, the Chairman at Kelt Exploration (LNG) Ltd.
since 2004, and serves as a Director at Chance Oil & Gas Ltd., Canoe Financial Corp., Westbrick Energy Ltd., TORC Oil & Gas Ltd., PetroShale (US), Inc., Artis Exploration Ltd., and Strathcona-Tweedsmuir School.
In the past, Mr. Chernoff served as a Director at Result Energy, Inc., West Energy Ltd., BlackWatch Energy Services Trust, Deans Knight Income Corp., and TORC Oil & Gas Ltd.
He was also a Director at Arcan Resources Ltd.
from 2007 to 2009 and an Independent Director at Calmena Energy Services, Inc. from 2008 to 2015.
Additionally, he held the position of Chief Financial Officer & Executive Vice President at Petrobank Energy & Resources Ltd.
from 2000 to 2001.
Mr. Chernoff completed his undergraduate degree at Queen's University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
LUCERO ENERGY CORP
21.09% | 2024-04-16 | 137,240,746 ( 21.09% ) | 65 M $ | 2024-03-30 |
MAXIM POWER CORP.
35.29% | 2024-02-14 | 17,843,281 ( 35.29% ) | 61 M $ | 2024-03-30 |
CANOE EIT INCOME FUND
2.64% | 2024-03-20 | 4,689,703 ( 2.64% ) | 47 M $ | 2024-03-30 |
Michael Chernoff active positions
| Companies | Position | Start |
|---|---|---|
| KELT EXPLORATION LNG LTD | Chairman | 2010-01-21 |
| MAXIM POWER CORP. | Chairman | 2005-03-30 |
| LUCERO ENERGY CORP. | Chairman | 2013-11-24 |
| TORC OIL & GAS LTD. | Director/Board Member | 2011-12-31 |
Canoe Financial LP
 Canoe Financial LP Investment ManagersFinance Canoe Financial LP (Canoe) is an independent, Canadian mutual fund manager headquartered in Calgary, Alberta. The firm was founded by Michael Chernoff in 2008. Canoe offers a variety of mutual fund and closed-end investment products that are designed to build wealth for Canadian investors. | Founder | 2007-12-31 |
Canoe Financial Corp.
 Canoe Financial Corp. Miscellaneous Commercial ServicesCommercial Services Canoe Financial Corp. provides management services. The private company is based in Calgary, Canada. Darcy Wayne Hulston has been the CEO of the Canadian company since 2010. | Director/Board Member | - |
Artis Exploration Ltd.
 Artis Exploration Ltd. Oil & Gas ProductionEnergy Minerals Artis Exploration Ltd. engages in the exploration of oil and gas in western Canada. The company is headquartered in Calgary, Canada. | Director/Board Member | - |
Strathcona-Tweedsmuir School
 Strathcona-Tweedsmuir School Other Consumer ServicesConsumer Services Strathcona-Tweedsmuir School operates as a private university prep school. Its academic programs include academic excellence, elementary school, middle school, senior school and international baccalaureate world school. The company was founded in September 1971 and is headquartered in Okotoks, Canada. | Director/Board Member | - |
Chance Oil & Gas Ltd.
 Chance Oil & Gas Ltd. Oil & Gas ProductionEnergy Minerals Chance Oil & Gas Ltd. engages in exploration of crude oil and natural gas. The company was founded in 1994 and is headquartered in Calgary, Canada. | Director/Board Member | - |
| ░░░░░ ░░░░░░░░░ ░░░░░░░░ ░░░░░░░ | ░░░░░░░ | ░░░░░░░░░░ |
| ░░░░░░░░░ ░░░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Former positions of Michael Chernoff
| Companies | Position | End |
|---|---|---|
| ░░░░░░░ ░░░░░░ ░░░░░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
| ░░░░ ░░░ ░░░░░ ░░░ ░░░░ ░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
| ░░░░ ░░░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
| ░░░░░░░ ░░░░░░ ░░░░░ | ░░░░░░░ | ░░░░░░░░░░ |
| ░░░░░ ░░░░░░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
Training of Michael Chernoff
| Queen's University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| MAXIM POWER CORP. | Utilities |
| LUCERO ENERGY CORP. | Energy Minerals |
| Private companies | 21 |
|---|---|
Petrobank Energy & Resources Ltd.
 Petrobank Energy & Resources Ltd. Oil & Gas ProductionEnergy Minerals Petrobank Energy & Resources Ltd. operates as a heavy oil exploration and production company with operations in Western Canada. It operates through two business units: Whitesands and Archon. The Whitesands unit focuses on developing Petrobank's oil assets located in the Peace River, Alberta area and Saskatchewan's heavy oil belt. The Archon unit focuses on pioneering new and improved methods of finding and producing oil. The company was founded by James D. Tocher and Jerald Lindsay Oaks on December 1, 1983 and is headquartered in Calgary, Canada. | Energy Minerals |
Result Energy, Inc.
 Result Energy, Inc. Oil & Gas ProductionEnergy Minerals Result Energy, Inc. engages in exploration, development and production of oil and natural gas reserves. It produces crude oil, natural gas liquids and natural gas. The company was founded on Feb 4, 1999 and is headquartered in Calgary, Canada. | Energy Minerals |
Harvest Energy Trust
 Harvest Energy Trust Investment Trusts/Mutual FundsMiscellaneous Harvest Energy Trust is to acquire and produce crude oil, natural gas and natural gas liquids. The company operates under two businesses: Downstream operations and Upstream operations. The Downstream operations runs the refining and marketing business that operates a medium gravity sour crude hydro cracking refinery and a retail and wholesale petroleum marketing business. The Upstream operations runs the petroleum and natural gas business that is focused on the operations and further development of assets in western Canada. It acquires and holds net profit interests in oil and natural gas properties in Alberta and West Castle. | Miscellaneous |
West Energy Ltd.
 West Energy Ltd. Oil & Gas ProductionEnergy Minerals West Energy Ltd. is engaged in exploration, exploitation, development and production of crude oil and natural gas reserves in Western Canada. The company explores in the Pembina area. West Energy was incorporated in December 2002 and is headquartered in Calgary, Canada. | Energy Minerals |
| BlackWatch Energy Services Trust | Miscellaneous |
Deans Knight Income Corp.
 Deans Knight Income Corp. Investment Trusts/Mutual FundsMiscellaneous Deans Knight Income Corp. is a closed-end non-redeemable investment company. It engages in the business of attending to, and if necessary, litigating, its appeal of the Canada Revenue Agency’s reassessment of certain taxation year; divesting of the remaining securities held in the Company's portfolio that were not liquidated prior to the April 30, 2014 cash Distribution; attending to any additional distributions to shareholders of any surplus cash and the eventual wind-up and termination of the Company thereafter; and attending to any ancillary matters related to any of the foregoing. The company was founded on September 17, 1985 and is headquartered in Vancouver, Canada. | Miscellaneous |
TORC Oil & Gas Ltd. /Old/
 TORC Oil & Gas Ltd. /Old/ Contract DrillingIndustrial Services Torc Oil & Gas Ltd. acquires and explores oil & gas properties. It is engaged in the exploration, production, and marketing of crude oil, natural gas, and petroleum products in Canada. The company is headquartered in Calgary, Canada. | Industrial Services |
| Pacalta Resources Ltd. | Energy Minerals |
Arcan Resources Ltd.
 Arcan Resources Ltd. Oil & Gas ProductionEnergy Minerals Arcan Resources Ltd. engages in the exploration, development and production of petroleum and natural gas. The company was founded on January 1, 2007 and is headquartered in Calgary, Canada. | Energy Minerals |
Caribou Capital Corp.
 Caribou Capital Corp. Financial ConglomeratesFinance Caribou Capital Corp. operates as a private equity investment group. It invests in real estate, international crude marketing, investment funds and green businesses. The firm's services include bridge and longer-term financings, strategic acquisitions and restructurings, startup capital and capital for growth and expansion. The company was founded in 1999 and is headquartered in Calgary, Canada. | Finance |
Chance Oil & Gas Ltd.
Chance Oil & Gas Ltd. Oil & Gas ProductionEnergy Minerals Chance Oil & Gas Ltd. engages in exploration of crude oil and natural gas. The company was founded in 1994 and is headquartered in Calgary, Canada. | Energy Minerals |
Canoe Financial LP
Canoe Financial LP Investment ManagersFinance Canoe Financial LP (Canoe) is an independent, Canadian mutual fund manager headquartered in Calgary, Alberta. The firm was founded by Michael Chernoff in 2008. Canoe offers a variety of mutual fund and closed-end investment products that are designed to build wealth for Canadian investors. | Finance |
Calmena Energy Services, Inc.
 Calmena Energy Services, Inc. Contract DrillingIndustrial Services Calmena Energy Services, Inc. is an oilfield services company. Its construction offerings include drilling and completion services. The company was founded on October 14, 2008 and is headquartered in Calgary, Canada. | Industrial Services |
Kelt Exploration (LNG) Ltd.
 Kelt Exploration (LNG) Ltd. Oil & Gas ProductionEnergy Minerals Kelt Exploration (LNG) Ltd. engages in the exploration, development and production of, crude oil, natural gas and natural gas liquids reserves in western Canada. The company was founded on December 21, 2004 and is headquartered in Calgary, Canada. | Energy Minerals |
Strathcona-Tweedsmuir School
Strathcona-Tweedsmuir School Other Consumer ServicesConsumer Services Strathcona-Tweedsmuir School operates as a private university prep school. Its academic programs include academic excellence, elementary school, middle school, senior school and international baccalaureate world school. The company was founded in September 1971 and is headquartered in Okotoks, Canada. | Consumer Services |
Canoe Financial Corp.
Canoe Financial Corp. Miscellaneous Commercial ServicesCommercial Services Canoe Financial Corp. provides management services. The private company is based in Calgary, Canada. Darcy Wayne Hulston has been the CEO of the Canadian company since 2010. | Commercial Services |
Westbrick Energy Ltd.
 Westbrick Energy Ltd. Contract DrillingIndustrial Services Westbrick Energy Ltd. engages in the exploration of oil and natural gas. It acquires surface and mineral rights and undertakes drilling opportunities in conventional shale plays. The company was founded in 2011 and is headquartered in Calgary, Canada. | Industrial Services |
TORC Oil & Gas Ltd.
 TORC Oil & Gas Ltd. Integrated OilEnergy Minerals TORC Oil & Gas Ltd. operates as an exploration company. It engages in the acquisition, exploration, development and production of crude oil and natural gas in Western Canada. The companys projects include cardium, southeast Saskatchewan Torquay & Three fork. TORC Oil & Gas was founded on March 23, 2010 and is headquartered in Calgary, Canada. | Energy Minerals |
PetroShale (US), Inc.
 PetroShale (US), Inc. Oil & Gas ProductionEnergy Minerals PetroShale (US), Inc. engages in the production of oil and gas. The company is headquartered in Denver, CO. | Energy Minerals |
Canoe Financial (Private Equity)
 Canoe Financial (Private Equity) Investment ManagersFinance Canoe Financial (Private Equity) is a Private Equity firm, a subsidiary of Canoe Financial LP founded in 2008 by Michael Bruce Chernoff. Canoe Financial (Private Equity) is headquartered in Calgary. | Finance |
Artis Exploration Ltd.
Artis Exploration Ltd. Oil & Gas ProductionEnergy Minerals Artis Exploration Ltd. engages in the exploration of oil and gas in western Canada. The company is headquartered in Calgary, Canada. | Energy Minerals |
- Stock Market
- Insiders
- Michael Chernoff
