Episode 94: From Zero to 42,000 Barrels a Day: Scaling Saturn Oil & Gas with John Jeffrey

Today, our host Bob Gauvreau welcomes John Jeffrey, CEO of Saturn Oil & Gas — Canada’s fastest-growing oil and gas company, and #4 on The Globe and Mail’s 2024 fastest-growing companies list. With 9,200% growth in just three years, John shares what it takes to lead and scale a high-growth business.

From taking over a public shell to building a billion-dollar company producing 42,000 barrels, John walks through key leadership moves, capital-raising strategies, and the systems that power Saturn’s operations. He also unpacks how to integrate culture after major acquisitions and lead with transparency.

Whether you're growing a startup or scaling a large team, this episode delivers practical insights on growth, leadership, and building a business that lasts.

Episode Highlights:

• 00:00 Welcome to The Wealthy Entrepreneur Podcast
• 03:15 John Jeffrey's Journey to CEO
• 05:20 Saturn Oil and Gas Operations and Growth
• 07:25 Understanding the Oil and Gas Supply Chain
• 10:04 Recognition and Challenges of Public Company Management
• 27:16 Building a Strong Company Culture
• 38:11 Managing Financial Metrics and Data
• 48:04 Raising Capital and Understanding Investor Needs
• 48:18 Impact of Tariffs on the Energy Sector

About the Guest:
John Jeffrey has been the Chief Executive Officer of Saturn since March 2017. Prior to this role, Mr. Jeffrey was the area finance manager for a Fortune 500 engineering consulting firm in Canada. He has a strong background in operations and finance that has allowed him to successfully execute large engineering and environmental projects. Mr. Jeffrey was also a founder and Chief Financial Officer for Axiom Group, a geological and engineering consulting company that has drilled over 800 wells within western Canada. He is a graduate of the University of Saskatchewan with an MBA majoring in Finance.

Connect with John Jeffrey:

• LinkedIn: https://www.linkedin.com/company/saturnoilgas/
• Linkedin: https://ca.linkedin.com/in/john-jeffrey-b4582328
• Twitter / X:  @SaturnOilGas

Resources:

• Visit their website:  https://saturnoil.com/
• Visit the The Wealthy Entrepreneur Website: https://www.wealthyentrepreneur.co/ 
• Download The Wealthy Entrepreneur (digital book) for FREE: https://profitsimple.ca/wealthy-entrepreneur

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