Mr. Sedun was a Founding Shareholder and Director of Rodeo Capital II, which acquired Shona Energy, and assisted with the initial going-public transaction of Shona Energy by raising $32 million in September 2011. Shona subsequently merged with Canacol Energy (TSX:CNE) in a $140 million transaction in December 2012. Shona was an international oil and gas exploration and production company focused in Colombia and Peru.
Canacol Energy Ltd.
Eighth Avenue Place
4500, 525 – Eighth Avenue South West
Mr. Sedun is a Director of Cold Bore Technology Inc. (“Cold Bore”) and the lead financier of an early stage C$5 million private equity financing. The Company has raised approximately C$13 million to date, including an C$8 million investment from the Rice Investment Group (“RIG”), which is a US$200 million multi-strategy fund led by the management team from Rice Energy, which sold to EQT Corporation for US$8.2 billion in 2017. Cold Bore gives oil and gas operators a ground-breaking real time window into their surface, and subsurface operations via a 100% non-intrusive acoustic receiving system. Using Cold Bore’s Sonic Completions Analytics, system operators are able to track, monitor, and confirm events both on the surface, and downhole in real time for the first time ever. Cold Bore is a private company based in Calgary, Canada.
Mr. Sedun is a current Director and significant early stage investor in an early stage $3 million private equity financing of Empower Environmental Solutions Ltd. (“Empower”). Empower has developed a proprietary low-impact, efficient and effective closed loop process-technology for the 100% sustainable recycling of asphalt shingles and the extraction and recovery of liquid asphalt cement, fiberglass/felt and mineral aggregate sand. These products are then sold and used in the asphalt pavement, shingle manufacturing, construction products and other industrial applications. Empower is a private company based in Vancouver, Canada.
Mr. Sedun is a founding shareholder and former Director of Current Energy & Renewables Corp. (“Current”), formerly Current Power & Gas, a supplier of renewable and traditional energy to commercial and industrial clients in the growing deregulated energy business in the United States. Mr. Sedun helped finance an early stage $2 million private equity financing.