Cipher Exploration Overview
- Year Founded
-
2004
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$9.3M
Cipher Exploration General Information
Description
Provider of oil and natural gas exploration services. The company's key assets consist of heavy oil assets in the Ear Lake, Reward and Eagle Creek areas of Saskatchewan. At Ear Lake, it operates 11 producing wells (100% ownership) on 2,760 net acres of land. It also operates 19 wells (between 43% and 100% ownership) on 6,930 net acres of land in the Reward area. Cipher also holds a gross overriding royalty of 2.5% GORR in the Eagle Creek area. Collectively these properties are estimated to have further development potential of approximately 100 potential gross drilling locations.
Contact Information
Corporate Office
- 444 5 Avenue South West
- Suite 1200
- Calgary, Alberta T2P 2T8
- Canada
Corporate Office
- 444 5 Avenue South West
- Suite 1200
- Calgary, Alberta T2P 2T8
- Canada
Cipher Exploration Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Merger/Acquisition | 01-Mar-2007 | $9.3M | Completed | Generating Revenue | ||
| 1. Early Stage VC | Completed | Generating Revenue |
Cipher Exploration Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| SaskWorks | Hedge Fund | Minority |
Cipher Exploration FAQs
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When was Cipher Exploration founded?
Cipher Exploration was founded in 2004.
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Where is Cipher Exploration headquartered?
Cipher Exploration is headquartered in Calgary, Canada.
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What industry is Cipher Exploration in?
Cipher Exploration’s primary industry is Energy Exploration.
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Is Cipher Exploration a private or public company?
Cipher Exploration is a Private company.
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What is the current valuation of Cipher Exploration?
The current valuation of Cipher Exploration is .
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What is Cipher Exploration’s current revenue?
The current revenue for Cipher Exploration is .
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Who are Cipher Exploration’s investors?
SaskWorks has invested in Cipher Exploration.
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When was Cipher Exploration acquired?
Cipher Exploration was acquired on 01-Mar-2007.
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Who acquired Cipher Exploration?
Cipher Exploration was acquired by Blackpearl Resources.
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