Cipher Exploration Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $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

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 444 5 Avenue South West
  • Suite 1200
  • Calgary, Alberta T2P 2T8
  • Canada
Primary Industry
Energy Exploration
Other Industries
Energy Production
Vertical(s)
Corporate Office
  • 444 5 Avenue South West
  • Suite 1200
  • Calgary, Alberta T2P 2T8
  • Canada

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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
To view Cipher Exploration’s complete valuation and funding history, request access »

Cipher Exploration Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
SaskWorks Hedge Fund Minority
To view Cipher Exploration’s complete investors history, request access »

Cipher Exploration FAQs

  • When was Cipher Exploration founded?

    Cipher Exploration was founded in 2004.

  • Where is Cipher Exploration headquartered?

    Cipher Exploration is headquartered in Calgary, Canada.

  • What industry is Cipher Exploration in?

    Cipher Exploration’s primary industry is Energy Exploration.

  • Is Cipher Exploration a private or public company?

    Cipher Exploration is a Private company.

  • What is the current valuation of Cipher Exploration?

    The current valuation of Cipher Exploration is .

  • What is Cipher Exploration’s current revenue?

    The current revenue for Cipher Exploration is .

  • Who are Cipher Exploration’s investors?

    SaskWorks has invested in Cipher Exploration.

  • When was Cipher Exploration acquired?

    Cipher Exploration was acquired on 01-Mar-2007.

  • Who acquired Cipher Exploration?

    Cipher Exploration was acquired by Blackpearl Resources.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »