A source working with Jim Prentice confirms the former federal cabinet minister is putting together a team to make a bid for the Alberta Progressive Conservative leadership.
The source says Prentice has been talking to caucus and cabinet, and has received encouragement to run.
The source, who spoke on condition of anonymity, confirms Prentice is forming a campaign and finance team and is expected to make a formal announcement in the next couple of weeks.
Prentice held several portfolios in the federal Conservative government, including Indian affairs and environment, before moving to the private sector.
The Alberta Tories will hold a leadership vote in September to replace former premier Alison Redford.
She resigned last month during a caucus revolt following questions about her leadership style and reports of lavish spending.