About Us


Strategy


Who We Are

Cache Island is an energy transition corporation with conventional oil and gas assets paired with renewable energy projects, focused on high quality, long life, and long-term emission reduction in western Canada.

 

Strategy

Our strategy is to combine two distinct asset bases that will diversify Cache Island and will establish a new energy model. The synergy of renewable assets alongside oil and gas resources will lower emissions and act as a catalyst for Cache Island to achieve net-zero emissions while maximizing profits. Cache Island plans to transition and grow to a majority renewable energy producer by 2050 to ensure a sustainable future.

Executive Team


Scott Saxberg
President & CEO

Scott Saxberg

President & CEO

Scott Saxberg is the President and Chief Executive Officer of Cache Island Corp., a private oil and gas producer. Scott has been involved in more than a dozen successful energy startups over the past 20 years including Crescent Point Energy Corp. and Shelter Bay and sits on a number of private company boards.

Before founding Cache Island, Scott was a Co-Founder of Crescent Point Energy and was President and CEO of the company from 2003 to 2018. Under his direction, Crescent Point grew from 275 boe/day in 2001 to 180,000 boe/day by 2018. Through Scott’s tenure, the company distributed over $7.5 billion in dividends and reached a market capitalization of more than $18 billion.

In addition, Scott runs his family office, Icebook Investments Corp., that focuses on direct investments in early stage startups. Icebook is currently invested in over 12 early stage companies across a variety of industries including energy tech, retail, real estate, communications, cannabis, e-gaming and fertility.

Scott’s lifelong passion for hockey led him to become a co-owner of the NHL hockey team the Arizona Coyotes between 2013- 17.

Along the way, Scott has received notable recognition, including being named as one of the E&Y’s Top 40 Under 40, awarded the 2009 Producer of the Year in Oilweek magazine and named the 2011 Saskatchewan Oilman of the Year.
Tamara MacDonald
VP, Business Development

Tamara MacDonald

VP, Business Development

Tamara MacDonald in an experienced and highly respected oil and gas executive. She was most recently the Senior Vice President, Corporate and Business Development of Crescent Point Energy Corp. Ms. MacDonald has been involved in over 530 transactions totaling over $14.5 billion. Ms. MacDonald has over 26 years of industry experience. Prior to Crescent Point, Ms. MacDonald worked with NCE Petrofund Corp., Merit Energy Ltd., Tarragon Oil & Gas Ltd. and Northstar Energy Corp. She has a Bachelor of Commerce Degree with a major in Petroleum Land Management from the University of Calgary.
Ayaz Gulamhussein
VP, Exploration

Ayaz Gulamhussein

VP, Exploration

Mr. Gulamhussein is a Professional Geologist with over 17 years of experience in the Western Canadian Sedimentary Basin. Most recently, he was co-founder and Vice President, Exploration at Shiningstar Energy Ltd., which was sponsored by ARC Financial. Previous to this, Mr. Gulamhussein worked at NuVista Energy Ltd., Shiningbank Energy Income Fund, and Coastal Resources Ltd. Mr. Gulamhussein has served as a Director for the Canadian Society of Petroleum Geologists (2008-2011) and was named to Avenue Calgary’s Top 40 under 40 in 2010.
Carolee Pearce
VP, Finance

Carolee Pearce

VP, Finance

Ms. Pearce is a Chartered Professional Accountant with over 25 years of experience in Finance and Accounting with Canadian energy companies. Most recently, she was VP Finance and CFO at Carrick Petroleum Inc and prior to this, she was a Controller at both Long Run Petroleum and Magin Energy Inc.
Ryan Sinclair
Manager, Reservoir Engineering

Ryan Sinclair

Manager, Reservoir Engineering

Ryan Sinclair is a Professional Engineer with over 15 years of experience in oil and gas. Most recently he was the Manager of Reservoir Engineering at Crescent Point Energy where he worked for 15 years. Prior to that he was at Epic Consulting of Calgary, a highly respected technical firm working with industry leading professionals. His vast experience includes providing technical reservoir engineering experience, operational and strategic insight to business project development, long range planning, reserves & economics, and enhanced oil as well as improved oil recovery. He holds a BSc degree in Chemical Engineering from the University of Calgary and has been a member of the SPE since 2002.
Kevin McGillivray
Field Superintendant

Kevin McGillivray

Field Superintendant

Mr. McGillivray is a Field Superintendent with over 25 years of experience in oil and gas production. Most recently, he was a Senior Surface Landman and Field Operations Manager at Crescent Point Energy, prior to which, he was a Production Superintendent at Magin Energy.