RocketFrac was built by environmental, energy, and aerospace industry veterans with a vision to transform the sector with innovative technology.

Ed Loven, President and Director

Edward Loven brings more than 35 years of international energy industry experience with a focus on creating value propositions within proprietary assets related to exploration and commercial exploitation. In addition to founding and leading companies in both oil field services and development, Mr. Loven has experience structuring, negotiating and closing large exploration asset transactions related to upstream assets. Mr. Loven maintains numerous strategic relationships throughout the oil and gas industry and has worked on a large number of exploration opportunities involving major oil and gas entities, as well as many intermediate and junior partners in the development of early production opportunities.

Pavan Elapavuluri, Chief Technical Officer

Pavan Elapavuluri is a PhD geophysicist with more than 15 years of experience in energy exploration and oilfield technology. He served in Schlumberger’s Houston research labs for over six years working on cutting-edge seismic exploration techniques. He then created his own company, RARE-Services, where he acted as CTO before selling the company and its patents to Advance Seismic Technology.

The Honourable Ronald R. Spoehel, Chair

Mr. Spoehel has 40 years of experience in the energy and technology sectors, including serving from 2007 to 2009 as the Presidentially-Appointed and U.S. Senate confirmed Chief Financial Officer of the National Aeronautics and Space Administration (NASA). He has also served as an executive officer in various general management positions and on the Boards of public and private companies in the U.S., Canada, Latin America, and Europe. Presently, Mr. Spoehel serves as Managing Partner of Windrock Capital and on the Board of publicly-traded Profire Energy, and he is a member of the Economic Club of Washington, D.C. Among various companies with worldwide operations, he has served in general management and/or on the Board of ICF Kaiser Engineers, Acer Group, Harris Corporation, Optinel Systems, ManTech, and ICx Technologies. Previously he was in investment banking at Bank of America and Shearson Lehman, and in program management at Hughes Aircraft. He is a magna cum laude graduate of the University of Pennsylvania, where he received his BS in Economics and MBA in Finance from The Wharton School and MSE from the Moore School of Electrical Engineering.

Jack Reeves, Director

Mr. Reeves is an entrepreneur who brings over 40 years of experience in multiple facets of the global oil and gas industry on five continents, developing a wide-ranging acumen in roles from drilling services in the oilfields of western Canada to large international and multinational enterprise senior management with Baker Hughes. Mr. Reeve has been co-owner of a Canadian oil and gas company for which he and partners designed and successfully deployed their own production equipment. Of late he has designed, constructed and leased drilling-related equipment while consulting at the superintendent level on high profile exploratory drilling projects in SE Asia. Currently Mr. Reeve is successfully expanding his production chemical business throughout the US oil and gas marketplace.

Skip Stone, Director

Mr. Stone is a Managing Director and Principal of Investment Banking at Register Financial Associates, Inc. Skip has been a successful wealth manager for 25 years. Prior to Register, Skip enjoyed a fifteen-year career at Morgan Stanley, being named to Atlanta Magazine’s list of Best Personal Wealth Managers for seven consecutive years, and serving as the regional Financial Advisor Currency Advocate. Skip holds a Bachelors of Arts Degrees in Economics and English Literature, Cum Laude and received his MBA in Finance from Georgia State University, Magna Cum Laude. Skip was politically active on Denison’s campus, serving as class Co-Governor for three years, Chairman of the Judicial Board, and Class Senator. Along with Disney CEO Michael Eisner and US Senator Richard Lugar, Skip served as Co-Chairman of the Capital Campaign for Denison. Upon graduation, Skip worked on the Hill as the Deputy Chief of Staff for US Senator Wyche Fowler.


Bay 3, 4063 - 74 Avenue S.E.
Calgary, AB T2C 2H9


Ronald R. Spoehel
1 (703) 563-9000