Transforming the Midstream Industry - Unconventional SMB

Episode # 08 with Christopher Ryan

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  • Chris Ryan spent seven years in the energy industry before starting his own business.
  • He won a Brett Wilson Entrepreneurship challenge and received funding and support.
  • Chris gained valuable experience at Tundra Oil and Gas before deciding to start his own business. Understanding assets and building relationships are crucial in the oil and gas industry.
  • Commercial people should spend time in the field and develop rapport with operators.
  • Working in different roles and responsibilities can provide valuable experience and knowledge.
  • Broadbill Energy has a disruptive business model that focuses on sharing profits with producers and prioritizing long-term value. Broadbill Energy focuses on providing value to producers in the oil and gas industry through their unique business model.
  • They prioritize transparency and partnership with their customers, which has helped them navigate challenges and build a strong business.
  • During the early days, they faced challenges such as a massive differential blowout in Western Canada and the impact of COVID-19.
  • They were able to overcome these challenges by finding innovative solutions, such as bringing zero-value crude to places where it had value, and by partnering with a supportive banking institution. Broadview Energy prioritizes people, culture, and customer service.
  • They aim to build long-lasting relationships with their customers.
  • The company is not driven by growth or volume mandates, but by continuous improvement.