at the March 2006 AGM of the party. He was re-admitted to caucus on July 25, 2006. On June 19, 2006, Oberg entered the race for the leadership of the Progressive Conservative Party in Alberta. He failed to place in the top three in the November 25 first ballot (he placed fourth), and thus was not eligible for the second ballot to be held on December 2. Oberg's allegations of scandal on front runner Jim Dinning in the summer of 2006 appeared to have had a negative effect on his campaign. He later threw his support to third-place finisher and eventual winner Ed Stelmach. On December 15, 2006, Oberg was named Minister of Finance in Premier Ed Stelmach's cabinet. Oberg announced in December 2007 that he would not seek re-election in the next election in March 2008. On June 2, 2010, Oberg opened C2DNA in Edmonton, the first private DNA testing facility in Canada. He founded the lab with his brother and other investors. He stepped down as president and CEO the following day to avoid any conflict over a medical doctor being involved with such a high tech company, but said he would remain an advisor. On March 1, 2011, Oberg announced that he was joining the right-wing Wildrose Alliance Party. He said he would not be running for office but would participate in an advisory role to party leader Danielle Smith. He cited the Conservative government's decision to abolish the multiple health districts in Alberta and replace them with an Edmonton-based super board, and the recently announced deficit budget, the fourth in as many years, as his reason for the switch. After politics He is chief executive officer of MYND Life Sciences Inc., a Canadian company that has developed biomarker test technology which will be used in a clinical trial of psilocybin-assisted psychotherapy. He has also served on the boards of other companies. References External links Progressive Conservative Association of Alberta MLAs Independent Alberta MLAs Living people 1960 births Physicians from Alberta Members of the Executive Council of Alberta 20th-century Canadian politicians 21st-century Canadian politicians Canadian chief executives