Board of Directors

Good Work Starts With Good People

Rafi Tahmazian


Rafi G. Tahmazian has more than 29 years of oil & gas, energy banking and investment management experience.  He is currently a Director and Senior Portfolio Manager with Canoe Financial.  Prior to Canoe, Rafi spent 13 years at First Energy Capital, a leading investment dealer that focuses on the energy industry.  He left the firm in 2008 as Vice Chairman and Managing Director.  He is currently on the Board of Directors for the Alberta Teachers Retirement Fund, Artis Exploration Ltd, Aureus Energy Services Inc, Chance Oil and Gas Ltd, Topaz Energy Corp and Well Ventures Corp.

Rafi graduated from the University of Calgary with a Bachelor of Arts in Economics.

Rafi manages the Canoe Energy Class, Canoe Energy Income Class, and the Canoe Energy Alpha Fund.

Jason Tocheniuk

Director & Cofounder

Since cofounding the company in 2011, Mr. Tocheniuk successfully executed a management buyout in 2014, closed Aureus’ first private placement in 2018, expanded operations into the US and most recently completed the acquisition of a technology-based fluid treatment company. Mr. Tocheniuk has 20 years of experience in the oil and gas sector ranging from consulting for large producers to working in service industry.

Steven Looke


Partner at Walter Ventures, the energy focused family investment arm of Walter Oil & Gas; prior to joining Walter Ventures, Mr. Looke spent over 6 years in the oil and gas industry with The Sterling Group, Madison Dearborn Partners and Lehman Brothers. Mr. Looke is responsible for overseeing Walter Ventures investments and finding new opportunities in the exploration & production business, oilfield services and outside the oil and gas sector.

Josh Woitas


Independent businessman; Mr. Woitas has managed Calmar Capital Corp. (an energy focused private equity and merchant banking firm) since December 2010. Prior to joining Calmar, Mr. Woitas spent six years in the Oil & Gas Investment Banking Group with Tristone Capital Corp. and Macquarie Capital. Mr. Woitas currently sits on the board of directors of a number of private companies including Certarus Ltd., Rolling Hills Energy Ltd., Mediterra Energy Corp. and Turnstone Energy Inc.

Jason Moser


Director of Investments and partner of PFM Capital; Mr. Moser is responsible for managing the firm’s energy portfolio. Prior to joining PFM, Mr. Moser worked on the trading desk for Capital Power Corp. (formerly EPCOR Merchant & Capital) and as an oil and gas equity research associate for Raymond James in Calgary. In addition to his role overseeing the firm’s investments in the oil and gas sector, Mr. Moser is an important member of the overall investment team, providing investment insight and proficient analytical skills across the sectors.

P.L. (Lonny) Tetley

Corporate Secretary

Mr. Tetley holds a Bachelor of Law and a Bachelor of Commerce in Finance from the University of Calgary. Mr. Tetley is in the corporate finance and securities group of Burnet, Duckworth & Palmer LLP and has a wide range of experience in corporate governance, equity financings and M&A transaction work. Mr. Tetley is currently the director and/or corporate secretary of several issuers and is also a member of a Private Funds Independent Review Committee for Deans Knight Capital Management Ltd.

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