About KNG Capital

KNG Capital is a Alberta-based diversified holding Company with a portfolio of actively managed investments. KNG Capital is owned and operated by entrepreneurs with a history of sales, operational and financial discipline. This history enables us to look beyond the spreadsheets – unlocking a company’s value and growth potential and differentiating us from traditional bankers, financers and private equity firms.

KNG was founded in 2015 by Nik Grgic and Karl Gannon, entrepreneurs who together built a $200-million-dollar global oil and gas energy service business in just eight years. Nik and Karl are oil and gas industry experts with both over 25 year’s experience working for major oil companies across the world. They worked their way up, right from the bottom to management positions before becoming entrepreneurs. They have driven trucks, interacted with clients and sat in the boardroom.

What we look for

We’re looking for innovative Companies in the start-up and early stage phase. We’re looking for motivated, creative and relentless entrepreneurs that are looking for a partner to help propel their business to the next level.

What we provide

A hands-on approach to your business – giving you more than just capital –  we provide our immense resources, expertise, connections and experience to partner with you to create a successful and valuable business.


Co-Founder & Partner

Nik Grgic, P.Eng

Nik co-founded KNG Capital in 2015, bringing over 25 years’ experience in the oil and gas energy sector. He previously co-founded FourQuest Energy Inc. (2007), FQE Chemicals Inc. (2013) and Aten Realty Inc. (2014).

Nik served as the FourQuest Energy President from 2007 until 2016, leading the Company from its inception to a global oil and gas service provider operating in six countries, and revenues exceeding $68 million.

Nik graduated from the University of Belgrade in 1985 with a B.Sc. in Chemical Engineering and has been a registered Professional Engineer with APEGGA since 2001.

Co-Founder & Partner

Karl Gannon

Karl co-founded KNG Capital in 2015, bringing over 25 years’ experience in the oil and gas energy sector. He previously co-founded FourQuest Energy Inc. (2007), FQE Chemicals Inc. (2013) and Aten Realty Inc. (2014).

Karl served as the FourQuest Energy Vice-President of Sales and Marketing and later the Executive Vice-President. In these roles he established the Company as a global oil and gas service player, growing revenues from $0 – $68 million. He currently serves as the President of FQE Chemicals Inc.

Karl utilizes his expertise in sales and marketing, business development and strategy to propel KNG Capitals investments.

Chief Financial Officer

Evan Conrad, BComm, MPAcc, CPA, CA

Evan directs the financial management of KNG Capital and its portfolio companies. He was integral to the acquisition of FQE Chemicals (2013), the establishment of ATEN Realty Inc. (2014) and the divestiture of FourQuest Energy Inc.’s MENAC region (2016). His focus is on driving growth and profitability through strong financial reporting and analysis, efficient financing structures, and intelligent tax design.

After earning a Bachelor of Commerce degree from the University of Alberta in 2006, and a Master of Professional Accounting degree from the University of Saskatchewan in 2008, Mr. Conrad became a Chartered Accountant in 2009. He spent seven years at an international accounting firm providing tax, assurance and advisory services for clients with both public and private accountabilities.

Chief Marketing Officer

Sean Conroy

As the Chief Marketing Officer, Sean is responsible for directing the marketing programs of KNG Capital and its portfolio companies. He previously served as FourQuest Energy’s Global Marketing Manager and FQE® Chemicals Chief Marketing Officer. Sean utilizes his expertise and experience in branding, design and technology to create revenue generating marketing programs.

Sean graduated from Alberta College in 2001 with a certification in Multimedia. He previously worked in the software, manufacturing, aerospace industries, and spent five years with a marketing agency focused primarily on oil and gas clients.

Chief Technology Officer

Mark Gannon, B.Sc.

As Chief Technology Officer, Mark is responsible for leading the long-term technology vision of KNG Capital and its portfolio companies. Mark also supports the development and expansion of the IT Infrastructures through identifying and communicating technology trends and drives new initiatives.

He previously served as Chief Technology Officer for FourQuest Energy where he implemented IT solutions and ensured business continuity throughout the ongoing development of the worldwide infrastructure.

Mark graduated with a B.Sc. (Hons) from the University of Abertay Dundee, Scotland in Computing with applications development. He previously worked in IT management and project specialist roles in the oil and gas, recruitment and medical industries in the Middle East, Asia, US and UK.

Contracts Manager

Mary Grant

As the Contracts Manager, Mary is responsible for the Contract Management of KNG Capital and its portfolio companies. She previously served as the Contracts Manager for FourQuest Energy and FQE Chemicals, utilizing her Risk Management Degree (1990) and comprehensive industry experience in developing effect contracting policy and management of corporate risks. Mary utilizes her extensive expertise and knowledge in insuring that the growth and profitability of the portfolio is protected through evaluation and due diligence.


Ivan Grgic

As an associate, he is responsible for deal sourcing, evaluating potential targets and investment due diligence. Ivan previously worked for FourQuest Energy as an analyst in the finance department, where he assisted in numerous corporate finance activities.

Ivan graduated from MacEwan University with a Major in Accounting. He is a CFA Level III Candidate.

Portfolio of Companies

FourQuest Energy

FourQuest Energy

Founded in 2007 and headquartered in Edmonton, Alberta, FourQuest Energy offers a variety of mechanical pre-commissioning, commissioning, and scheduled maintenance and shutdown services. The business is comprised of more than 100 employees spread over three operational bases across Canada.

Founded: 2007
Industry: Oil & Gas


FQE Chemicals

FQE Chemicals

Founded in 2013 and headquartered in Calgary, Alberta, FQE Chemicals develops, manufactures and distributes specialty chemicals for a number of industries with its primary focus on oil and gas facilities. The company has operations in Canada and in the United States: where its chemicals manufacturing facility is located.

Founded: 2013
Industry: Oil & Gas


Aten Realty

Aten Realty

Founded in 2014, Aten Realty holds and invests in commercial real estate opportunities in Alberta. Aten will support KNG Capital in the future in acquiring the right facilities for the portfolio Companies on a lease or lease to own basis.

Founded: 2014
Industry: Real Estate


FourQuest Energy

FourQuest Energy MENAC

In March 2016 the FourQuest MENAC division (Middle East & North Africa Region) was sold to Hydratight, a subsidiary of Actuant Corporation (NYSE.ATU) for $66 million USD.

View the press release

Exit: 2016
Industry: Oil & Gas

Contact Us

Contact Us

Use the form below to contact KNG Capital with any inquires you may have.


Suncor Energy Centre, West Tower
#5100 – 150 6 Ave SW
Calgary, AB T2P 3Y7

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