About Us Management

Management Services Arrangement

Rubellite is managed by Perpetual through a Management Services and Operating Agreement, and as such, is well grounded in its innovative, entrepreneurial and accountable culture without the extensive start-up capacity building typically required for a new junior multi-disciplinary operating company. Rubellite’s Board of Directors is comprised of a majority of independent directors, each of whom is unique from Perpetual’s Board, establishing a strong governance model and clear shareholder and management alignment.

Geoffrey C. Merritt

Mr. Merritt has over 35 years of experience in the upstream oil and gas sector. He was the founder of Masters Energy Inc., a public exploration and production company, incorporated in 2003. From 1998 to 2003, Mr. Merritt was the President and CEO of Sunfire Energy. Prior to 1998, he was the Vice President and General Manager of the oil and gas division of Pembina Corporation. Mr. Merritt received a B.Sc. in Chemical Engineering from the University of Alberta in 1978 and is a graduate of the Harvard Business School.

SUE RIDDELL ROSE

Sue Riddell Rose is President and Chief Executive Officer of Rubellite Energy Inc. and Perpetual Energy Inc., the Manager of Rubellite under the Management Services and Operating Agreement. She graduated from Queen’s University, Kingston, Ontario with a Bachelor of Science in Geological Engineering (1986), began her career as a geological engineer with Shell Canada and has over 35 years of experience in the Canadian oil and natural gas industry. From 1990 until 2002 Sue was employed by Paramount Resources Ltd. in various capacities, culminating in the position of Corporate Operating Officer. She has been a director of Paramount Resources Ltd. since 2000. Sue is also a director of Secure Energy and AltaLink, L.P.

Sue is a member of the Association of Professional Engineers and Geoscientists of Alberta, the Canadian Society of Petroleum Geologists and the American Association of Petroleum Geologists. She is a Governor of the Canadian Association of Petroleum Producers and is also a member of the Business Council of Alberta.

Sue is actively involved with a number of not-for-profit organizations including UNICEF Canada and Canada Powered By Women. Sue is a past Chair of the United Way of Calgary and Area, and Alberta’s Promise and previously served as a member of the Board of Trustees of Queen’s University, Mount Royal University and Fulbright Canada.

RYAN SHAY

Ryan Shay is Vice President Finance and Chief Financial Officer of Rubellite Energy and Perpetual Energy, and has more than 30 years of experience in the oil and gas industry. He joined the board of Perpetual in October 2017 and became the Vice President Finance and Chief Financial Officer of Perpetual in May 2021. Prior to, Ryan was Managing Director, Head of Investment Banking at Cormark Securities Inc. until he retired therefrom in June 2016. He was a member of Cormark’s Executive Committee, Risk Committee, Capital Markets Committee, Compensation Committee, Compliance Committee and Audit Committee. 

Ryan began his career at Deloitte & Touche in 1993, earning his Chartered Accountant designation in 1996, then joined Peters & Co. in 1996, earning his Chartered Financial Analyst designation in 1999.  He joined Cormark in 1999 as an Energy Research Analyst and was promoted to the Executive Committee of the firm in 2000. Ryan transitioned careers from Research to Investment Banking in 2007 and was promoted to Co-Head of Investment Banking in 2010 and Head of Investment Banking in 2013. He received his Bachelor of Commerce from the University of Saskatchewan and graduated with Great Distinction. Ryan was formerly on the board of Crew Energy Inc., Journey Energy Inc., and the National Board of the Juvenile Diabetes Research Foundation. 

KARL RUMPF

Mr. Rumpf is a Professional Geologist with over 25 years of experience in the exploration and development of oil and gas properties in the Western Canadian Sedimentary Basin.  His previous positions include Founder, President, and CEO of Adastra Management, which managed assets on behalf of a Fortune 50 institutional investor, and recently advanced alternative energy technologies as Founder and President of Derecho Energy Storage Ltd.   He is a graduate of the University of Alberta, received his M.Sc. in Earth Sciences from the University of Waterloo, and has completed the Directors Education Program from the University of Toronto’s Rotman School of Management.

JEFF GREEN

Jeff Green is Vice President Corporate and Engineering Services of Rubellite Energy and Perpetual Energy and has over 35 years of experience in the Canadian oil and natural gas industry. His previous industry experience includes Vice President of Production Operations & Administration, Manager, Acquisitions and Divestitures with Paramount Energy Trust and Exploitation Manager and Production Manager at Anadarko Canada Corp. He has held technical and supervisory positions in other organizations including Norcen and Union Pacific Resources.

Jeff graduated from the University of Alberta with a B.Sc. in Mechanical Engineering and is a member of the Association of Professional Engineers and Geoscientists of Alberta and is the responsible member for Perpetual and Rubellite. He is the 2nd Vice President of the Executive Committee of the Calgary Petroleum Club Board of Directors and was formerly part of the United Way Leaders Cabinet.

MARCELLO RAPINI

Marcello Rapini is Vice President Marketing of Rubellite Energy and Perpetual Energy.  He joined Perpetual in December of 2005 and has over 30 years of marketing and trading experience in the oil and gas industry.  Marcello graduated from the University of Calgary with a Bachelor of Arts in 1990.  His previous positions include Vice President of Trade at Sempra Energy Trading, Senior Trader at Mirant Energy Marketing Ltd. and Senior Trader at Duke Energy Marketing.  He currently sits on the Board of Directors for Ember Resources and chairs their Marketing Committee.

Marcello is deeply involved as a volunteer coach for the University of Calgary football program.  He is also the founder and current President of the 5Q Association.  He is widely known for mentoring athletes as they navigate the transition from sport into the business world by helping them cultivate their careers.

RYAN GOOSEN

Ryan Goosen is the Vice President Business Development and Land at Rubellite Energy and Perpetual Energy and has 15 years of experience in the oil and gas industry with a primary focus on strategy, negotiations, acquisitions and divestitures. He holds a Bachelor of Commerce, with distinction, from the University of Calgary and a Master of Business Administration, with honors, from IE University in Madrid, Spain. He is a member of the Canadian Association of Land & Energy Professionals, American Association of Professional Landmen and the Petroleum Acquisition & Divestment Association.

Ryan invests his time in the community as a minor hockey coach with the Northwest Warriors Hockey Association and is a proud supporter of the Children’s Cottage Society.