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

Executive Team

Pavan Elapavuluri

Pavan Elapavuluri

Chief Technology Officer

For more than 15 years, Mr. Elapavuluri has developed cutting-edge technologies for energy exploration
and enhanced recovery solutions. Mr. Elapavuluri serves as RocketFrac’s CTO and is primarily responsible
for RocketFrac’s proprietary EcoStim™ technology. Prior to RocketFrac, he founded two technology
companies C-Sinc Technologies Ltd and Rare Services Ltd.

As Founder and CTO of C-Sinc Technologies Ltd, he has successfully marketed and implemented
a cutting edge steam monitoring technology in SAGD in partnership with Cenovus.
RARE-Services was acquired by Advanced Seismic Service Ltd where Pavan assumed the role of
CTO and successfully commercialized advanced Imaging technology which is now in use through
North America. Mr. Elapavuluri has worked in various Technology / Research roles, including 6 years at
Schlumberger’s world renowned Houston research labs focused on new exploration solutions /

Mr. Elapavuluri earned his Bachelor of sciences Applied Geophysics, Indian School of Mines (IIT) Dhanbad,
India. He continued his education at the University of Calgary where he earned a Master of Science,
Geophysics followed by a Ph.D. Geophysics, University of Calgary

Steve Colivas

Steve Colivas

Senior Vice President / Board Director

Steve Colivas, BSc.,  is a serial entrepreneur with a 30-year proven track record for success with private and public companies.

Mr. Colivas‘ expertise includes business development, corporate structuring, fundraising, and building capable executive teams. Some of Mr. Colivas’ accomplishments include: Founder and President of Extreme Health Clubs for 10 years, growing the chain to 14 locations producing over $100M in annual revenues and employing 1400 staff before selling the comapany to a private equity firm. Mr. Colivas is President of Boston Capital, a commercial real estate company that buys and holds commercial real estate with over $120M in asset transactions, and President of BioAnalytics, a medical service company for the dental industry. He also cofounded Growpacker with a $16M non-brokered capital raise.

Currently Mr. Colivas acts as the Vice President of Business Development for Susglobal Energy (OTCQB:SNRG) and Fusion One, a cleantech company converting plastics into hydrogen.  


The Honorable Ronald R. Spoehel

The Honorable Ronald R. Spoehel


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 Lehman, and in program management at Hughes Aircraft.

He is a magna cum laude graduate of the University of Pennsylvania, where he received his Bachelor of Science degree in Economics, an MBA from the Wharton School of Business and a Master of Science from the Moore School of Electrical Engineering.

Skip Stone

Skip Stone


Mr. Stone has been a successful private wealth manager for over 25 years, and has served as a Managing Director and Principal of Investment Banking at Register Financial following fifteen-years at Morgan Stanley. Skip holds 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