About Cache Island
We are the intersection of tradition and innovation
Welcome to Cache Island, a future-focused energy company that combines the need for conventional energy with renewable energy initiatives.
Rooted in the pristine landscapes of Western Canada, our strategy combines two distinct asset bases that will diversify Cache Island in order to establish a new energy model. The synergy of renewable solar 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.
In contrast to conventional oil and gas enterprises, Cache Island aims to be a pioneer in the future of Canadian energy.
Value Creation
Identifying high quality assets that generate low-risk, consistent returns.
Streamlined operations for maximum efficiency & resource optimization.
Strategic investments for sustainable growth & long-term value creation.
Technical Expertise
Developing & enhancing recovery through unparalleled knowledge of asset base.
Cutting-edge tech adoption, enhancing operational performance & sustainability.
Research-driven approach for advanced technological implementation.
Innovation
Leveraging new technology to maximize asset value.
Cultivating creativity, fostering inventive solutions for complex energy challenges.
Prototyping and piloting ideas, encouraging innovation and risk-taking culture.
Executive Team
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 is 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 totalling 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
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 is the VP Finance of Cache Island Corp., a private oil and gas producer. Carolee has over 25 years experience in finance and accounting in the oil and gas industry. She has been involved as a key management team member in four successful energy start-up companies over the past 20 years including Galleon Energy Inc., Culane Energy Corp. and Magin Energy Inc.
Prior to Cache Island Corp., Carolee was VP Finance and CFO at Carrick Petroleum inc. and prior to this, she was a Controller at Galleon Energy Inc., Culane Energy Corp. and Magin Energy Inc.
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
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.
