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A rig operator works on a multi-well pad near Fort McMurray, Alta.
A rig operator works on a multi-well pad near Fort McMurray, Alta.
(Kevin Van Paassen/Kevin Van Paassen/The Globe and)

U.S. energy investment banking firm opens Calgary office

Another energy investment and merchant banking firm is opening an office in Calgary, and naming a well known executive to chair its operations in Canada.

Tudor, Pickering, Holt & Co. (TPH) on Thursday announced Hilary Foulkes will become chair of Tudor, Pickering Holt & Co. Securities – Canada. TPH is based in Houston, with offices in New York, Denver, and London. Calgary will serve as its jumping-off point in Canada.