OFFSET YOUR POWER COSTS WITH ONSITE GENERATION
And no capital outlay
Kineticor Resource Corp. is a Calgary, Alberta, based Independent Power Producer that develops, owns and operates gas to power generation facilities across Western Canada. Our technologies offer a variety of different power generation solutions, such as simple cycle generation, combined heat and power, and flare gas to power.
Our on-site power generation solutions are designed to service oil & gas and industrial markets. Our customized solutions result in a reduction in operational expenses, facilities optimization and energy efficiencies at zero capital cost to our clients.
Kineticor’s Management and Board have collectively designed, built and/or operated nearly 2,000 MW’s of power generation assets. These generation technologies have included cogeneration, thermal, wind and hydro that have been located throughout North America.
TURNKEY POWER SOLUTIONS
Economical and sustainable, without disturbing operations
Kineticor addresses the important issues associated with a growing global demand for power, the need for organizations to continually increase efficiencies, and the desire to be environmental stewards. By always keeping the three of these important directives top of mind mind, Kineticor is the Independent Power Producer that brings smart solutions to Canadian producers and industrial facilities.
Kineticor Resource Corporation builds, owns and operates power generation equipment that effectively converts gas to power. A process that has high-level thinking behind it is provided in a turnkey fashion. There are minimal disturbances to operations, zero capital costs incurred, and inevitably cost savings for the organization.
The entire process is carried out by a team is that is skilled, forward thinking and dedicated. They have experience and proven track records in the industries that they service, understanding the pain points and bringing the right solutions.
Decentralized Power Generation
Decentralized Power Generation (sometimes referred to as Onsite Generation or Distributed Power) is the process of creating energy at the source where it will be used. With increased transmission costs, this is an ideal way to reduce the expense of buying power from the grid. Decentralized Power Generation can occur in a number of ways, including gas to power, geothermal, hydro-electric, solar, and wind. Kineticor focuses on creating power from natural or associated gas and analyzes each site to ensure the most effective solution is being utilized.
In applications where heat and steam are required, Kineticor offers a Combined Heat & Power solution, which utilizes the waste heat created by the generator itself. This can be used in facility processes requiring large amounts of heat, allowing the further reduction of energy costs.
Each of these methods are designed to be unobtrusive to a customer’s core business.
THE RIGHT TECHNOLOGY
For your specific application
Kineticor Resource Corporation is committed to finding and utilizing the highest quality technological equipment in power generation in the world. Kineticor experts work closely with producers to understand their needs and fully utilize their energy and resources efficiently, keeping them focused on their core business of exploration.
Depending on the nature, size and location of the operation, Kineticor offers several turnkey solutions for producers with no capital outlay, including: Combined Heat & Power; Inside the Plant; Flare Gas to Power; Sour Gas to Power
Generating reliable and affordable power is a major concern for facilities unable to connect to a provincial power grid. For this, Kineticor offers base load power options that utilize simple cycle or cogeneration gas to power applications. Customized to the requirements of the user, these solutions are ideal for high demand power needs, regardless of location.
In the oil & gas, and mining industries in particular, downtime is not an option and Kineticor’s base load power facilities offer dependable power at very competitive rates. These solutions are available to any sized operation and offer availability numbers that are comparable with grid-connected sites.
Kineticor will build, own and operate the base load power facility resulting in significant savings due to no capital costs for the client. This also allows the client to remain focused on their core business objective of maximizing efficiencies while Kineticor ensures a reliable power supply to their operations.
Combined Heat and Power (CHP), also called cogeneration or distributed generation, is the simultaneous production of two types of energy – heat and electricity – from one fuel source (often natural gas). The ability to create two forms of energy from a single source offers tremendous efficiency and thus both cost savings and environmental benefits.
Combined heat and power systems use fuel very efficiently. A CHP system provides electricity and heat at a combined efficiency approaching 90%. This is a significant improvement over the combination of the 35% efficient electric utility and a conventional heating boiler with a 65% seasonal efficiency.
Combined Heat and Power projects can be used in commercial, residential and industrial applications utilizing a variety of different types of fuels. In Western Canada, Kineticor’s focus is on gas to power applications, and how it can be used to supply power to large industrial facilities like gas plants, production facilities, oil sands projects and manufacturing processes.
Combined Heat and Power creates valuable electricity for a facility while capturing useful heat that would otherwise escape into the environment. That heat can be used for industrial processes or for heating & cooling the building itself, a win-win process that equates to considerable savings for the organization.
This process is extremely useful for facilities that require high-temperature steam (like in chemical processing). The electrical efficiencies to the plant mean a significant savings. And with Kineticor’s no capital outlay program and self-contained equipment, there is a low associated risk to the corporation.
Kineticor Resource Corp. utilizes the associated gas that would typically be flared and converts it to electricity. By moving self-contained, mobile power units on site, the work of removing or flaring the gas is eliminated.
This process is fully managed and Kineticor assumes all capital costs. This includes feasibility studies, permitting, interconnection, engineering, construction, and lifetime operations of the power generation equipment.
The practice of flaring gas is harmful to the environment, so most jurisdictions are moving to reduce or eliminate it altogether. By eliminating gas flaring now, the producer maintains positive relationships with landowners while complying with government regulations. It also shows organizational environmental stewardship and overall concern for the areas we live and work.
Sour gas (H2S) is a huge problem for oil and gas producers. The colourless, flammable gas is poisonous to humans and is extremely corrosive, which poses a major concern to all oil and gas equipment. The process of removing H2S from these contaminants is expensive and energy-intensive.
Kineticor is the exclusive distributor in Western Canada for the OPRA turbine, which produces 1.6 MW of power and is capable of utilizing waste gas with up to 6% H2S.
Kineticor offers several turnkey solutions for producers with no capital outlay.
BUILDING PROFITS AND REPUTATIONS
Solutions that show your commitment to community & stakeholders
Across Western Canada, Kineticor can help producers with:
- Off-grid applications for base load power
- Behind the fence power generation, reducing wires charges for producers
- Power stability when the grid is unreliable or operations are remote
- Deferment of capital expenditures when old gas plants/pipelines are no longer profitable
- The elimination of flare gas, which benefits to the environment and communities
- Low value gas to power conversion packages that save money over carrying it away by pipeline
SKILLED. FORWARD-THINKING. DEDICATED.
Kineticor has a strong managerial team and board of directors with proven experience in developing and growing successful companies within the power industry. Combined, Kineticor’s management and board have been responsible for power generation assets including thermal, oil and gas, wind and hydro across North America.
Andrew PlauntPresident & CEO
Michael FunkVice President, Business Development
Blaine VirostekVice President, Project Development
Guido C Bachmann, P.EngVice President, Operations
Born and raised in Saskatchewan, Andrew began his successful career in the alternative power industry after moving to Calgary in 2003. He attended Mount Royal College where he obtained his degree in Entrepreneurship, Majoring in Small Business.
In 2008, Andrew started a wind farm company called Kinetcor Renewables. His second start-up, the business was based in Regina, Saskatchewan and focused on mid-sized generation assets across the prairies.
After successfully landing Power Purchase Agreements and developing generation facilities, Kineticor Renewables was sold to Algonquin Power and Utilities Corporation in 2011.
Andrew is a member of the VA Angels in Calgary and sits on the Board of Directors for Nomodic Modular Structures.
Michael brings significant financial management and business savvy to Kineticor. Innovative and precise in every venture, he has helped develop and finance numerous companies in the oil & gas and real estate industries in excess of $50 million.
As an entrepreneur, Michael has built a very successful financial consulting practice in conjunction with a striving real estate development corporation focused on mid sized land plays throughout Western Canada and Northwestern USA.
As the former president and CEO of Three Point Energy Solutions, Blaine brings years of experience in flare gas to electricity technology. Having designed numerous flare gas solutions for major producers in Western Canada, Blaine is responsible for designing, building, installing and operating Kineticor’s fleet of gas generation assets.
Prior to Three Point, Blaine held senior level positions for 14 years at Caltech, FortisAlberta Inc., TransAlta Energy Marketing and Con-tek Controls Ltd. Blaine has developed and cultivated relationships with senior level intervener groups and individuals, leading regulatory reform and policy development in the electric industry.
Guido C Bachmann, P.Eng
Guido has over 30 years of broad experience in the energy industry and has held a number of senior and executive positions. He has overseen marketing, business development, project execution/management, operations and finance in conventional oil & gas, clean tech, renewable and thermal energy development as well as energy commodity trading.
Guido’s extensive resume includes working with industry leaders such as AltaGas Ltd, Canadian Hydro Developers, Inc., Northland Power Inc., Greengate Power Corporation, Afina Energy Inc., and Dome Petroleum Ltd. as well as co-founding two successful power and renewable energy companies: Canadian Gas & Electric and GW Power. He has managed fuel portfolios as well as lead business development in China, Latin America and East Europe.
Guido has served on the Board of Directors of a number of corporations and government bodies and is currently a Director for Greengate Power Corporation. He is past Chairman of the Independent Power Producers’ Society of Alberta and has served on a number of provincial and federal committees regarding electrical industry de-regulation, electric transmission, retail markets, and the environment such as the Advisory Council for the Electric Utilities Act of Alberta and the Electricity Table for Canada’s National Climate Change Process. He is a Professional Engineer and earned his degree from the University of Calgary.
A leader in Canada’s energy sector for the past 25 years, Philip Hughes has served as President and Chief Executive Officer of five energy companies across Canada. He has extensive North American and international experience in electrical generation, transmission and distribution, oil and gas and natural gas transmission, distribution and processing. Currently, he serves as Chairman of NaiKun Wind Energy Group of Vancouver, BC, a wind energy company and is also on the Boards of WCB Alberta (Chair of the Finance & Audit Committee), Instream Energy and the Calgary Health Trust.
Philip was a senior executive with the Fortis Inc. group of companies where he was responsible for various acquisitions (including the successful acquisition and integration of Aquila Networks Canada) and led the operations as President and CEO of several of the Fortis Inc. subsidiaries.
Philip is a past Officer of the World Energy Council (WEC), former Chair of the Canadian Electrical Association (CEA) and former Chair of the Energy Council of Canada (ECC). He holds a Bachelor of Arts (Hons.Economics) from Lancaster University, England and is a member of the Institute of Chartered Accountants of Alberta and a Fellow of the Chartered Accountants of England and Wales.
Tim was the founder, President and CEO of TWC Financial Corporation, an independent mutual fund distributor licensed in Canada with approximately 400 financial advisors and over $4 billion in assets under administration. In 2003, the TWC Group of Companies was acquired by the Berkshire Group to form a mutual fund and securities dealership with more than 1,000 financial advisors and $10 billion in assets under administration. Tim served as a Board Director of the newly amalgamated firm until January 2008 when Manulife Securities Inc acquired the firm.
Tim received the designation ICD.cd from the prestigious Institute of Corporate Directors, Rotman School of Business, University of Toronto in 2009. Currently Tim is serving on four boards – Chairman, Saskatchewan Pension Plan, Director, Stone Investment Group, Director, Wordjack Media Inc. and Director, Kineticor Renewables Inc.
Mr. Baker is President of JP Baker Management Inc. He has over 30 years experience in the oil and gas industry, as a senior officer of three different oil and natural gas companies and more recently as a director of several public companies. During that time he also ran a private consulting business specializing in oil and gas related issues particularly in the business development area.
Jim has served on numerous industry boards and also sits on the Board of SaskEnergy. In addition, he has been active in CAPP (Canadian Association of Petroleum Producers) and SEPAC (Small Explorers and Producers Association of Canada) and was past Chairman of the IPAC (CAPP predecessor) Saskatchewan Committee.
CAREERS AT KINETICOR
Reports to: CFO
Kineticor Resource Corp. (“Kineticor”) is an independent power producer headquartered in Calgary AB that develops onsite gas to power generation throughout Western Canada. Kineticor develops power generation assets that utilize a variety of different applications such as cogeneration, simple cycle, and flare gas to power.
Kineticor’s goal is to provide an exceptional work environment with plenty of opportunity for personal and financial growth. The candidate must be a self-‐starter and adaptive to a quickly changing work environment.
Kineticor is actively seeking a highly skilled Senior Accountant to assist the CFO in managing all aspects of the accounting department. As the Senior Accountant, the candidate will be responsible for running the day to day accounting requirements of Kineticor as well as working with the company auditors, setting up accounting for subsidiary corporations, GST Returns, payroll, A/R and A/P.
The ideal candidate will have an accounting designation and experience in day to day accounting practices of a fast growing enterprise.
As Kineticor is a growing company, additional tasks outside of just accounting will be required.
The Senior Accountant reports directly to the CFO and is a member of the Accounting department.
- Maintain a documented system of accounting policies and procedures.
- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department’s goals and objectives.
- Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
- Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
- Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
- Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements.
- Produces payroll by initiating computer processing; printing checks, verifying finished product.
- Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
- Prepares GST Returns
- Avoids legal challenges by complying with legal requirements.
- Secures financial information by completing database backups.
- Protects organization’s value by keeping information confidential.
- Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Experience and Skills:
- Professional designation (CA, CPA, CGA, CMA)
- 5+ years’ experience in an accounting role
- Demonstrated leadership ability
- Superior communication skills, both oral and written
- Attention to detail
- Hands on approach
The Senior Accountant will be paid a monthly salary plus options and will have bonus opportunities based on performance.
Please submit your cover letter and resume to: firstname.lastname@example.org