Transforming the Midstream Industry - Unconventional SMB

Episode # 08 with Christopher Ryan

Video: https://lnkd.in/dPbGKfyU Audio: https://lnkd.in/gp2T2_B2

• 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.