We Gambled Everything

"We gambled everything-our careers, our fortunes, the future of our nation-and every day brought new discoveries. It was like living on a frontier."-Arne Nielsen The memoir of Canadian petroleum industry leader Arne Nielsen is not a conventional business biography. During his six decades in the business, he witnessed critical events in the oil industry that influenced Canada's economic history. From rain-soaked tents on the Arctic barren land to the luxurious New York offices of a multinational oil company, Arne Nielsen's expansive knowledge of geology and the oil industry made him one of the most influential and well-known figures of his time. His memoir provides crucial details and unique perspectives on events that will be of interest to the next generation of oil industry executives as well as to consumers, economists, and ecologists. Foreword by Peter C. Newman. Industry insider's candid account of the genesis and evolution of the oil and gas industry in Canada. "We gambled everything-our careers, our fortunes, the future of our nation-and every day brought new discoveries. It was like living on a frontier." -Arne Nielsen During his six decades in the business, Canadian Petroleum Hall of Famer Arne Nielsen witnessed critical events in the oil industry and influenced Canada's economic history. Nielsen's expansive knowledge of geology and the oil industry has made him one of the most influential figures of his time. He first made his mark with the discovery of one of North America's largest oil fields, near Pembina, Alberta. Later, as "chief executive politician" of a major oil company-oil and politics are inseparable-he represented the industry to the federal government on critical issues. Arne Nielsen witnessed the evolution of the oil industry that is a key driver of Alberta's contemporary economy. His memoir provides crucial details and unique perspectives on events that will be of interest to the next generation of oil industry executives as well as to consumers, economists, and ecologists. Arne Nielsen is a retired petroleum geologist and senior corporate executive. He earned his BSc and MSc in geology from the University of Alberta and went on to discover the Pembina Cardium oil field near Devon, Alberta in 1953. Arne Nielsen became President and General Manager of Mobil Oil Canada, then Chairman and Chief Executive Officer of Canadian Superior Oil, and was twice Chairman of the Canadian Petroleum Association. He was co-architect of the energy policies adopted by the Mulroney government after the contentious National Energy Program of the 1980s. He participated in Canada's first energy trade mission to China in 1972. He lives in Calgary, Alberta. 95 B&W photographs, maps, foreword, index "Arne Nielsen, 87, is a Petroleum Hall of Famer. Nielsen was 'chief executive politician' of Mobil Oil Canada, as he puts it; discoverer of the Pembina No. 1 field at Drayton Valley, Alta.; twice chairman of the Canadian Petroleum Association; famed foe of the National Energy Program. His career spanned the biggest energy boom in history - a 'golden age,' Nielsen calls it." Holly Doan, Blacklock's Reporter #5 on the Calgary Herald's Bestsellers list for the week of December 14, 2012. "Arne - everyone refers to him by his first name - is lucid, insightful and passionate. A member of the Canadian Petroleum Hall of Fame, his lively anecdotes and candid assessments of the many battles he survived fill his biography." David Finch, Calgary Herald #1 on the Calgary Herald's Bestsellers list for the week of January 12, 2013. #7 on the Calgary Herald's Bestsellers list for the week of March 23, 2013. "Author Nielsen is a former CEO of a major oil company in Canada. During his 60-year career in the Canadian petroleum business, he discovered a major oil field in Alberta and helped develop the energy policies adopted by the Mulroney government. In this memoir he stresses political aspects of the petroleum industry, offering an insider's perspe