Velvet Energy Overview
- Year Founded
-
2011
- Status
-
Acquired/Merged
- Employees
-
90
- Latest Deal Type
-
M&A
- Financing Rounds
-
8
- Investments
-
2
Velvet Energy General Information
Description
Operator of an oil and gas exploration company based in Calgary, Canada. The company's strategy is to utilize advanced drilling and completion technologies to develop liquids-rich resources in proven basins of West Central Alberta. Its primary operations are based on controlling costs through the entire value chain to achieve top decile rates of return on its capital employed.
Contact Information
Website
www.velvetenergy.caCorporate Office
- 308 4th Avenue South West
- Suite 1500
- Calgary, Alberta T2P 0H7
- Canada
Corporate Office
- 308 4th Avenue South West
- Suite 1500
- Calgary, Alberta T2P 0H7
- Canada
Velvet Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Velvet Energy Patents
Velvet Energy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-2939679-A1 | Fracture length increasing method | Inactive | 18-Aug-2016 | ||
| WO-2018032086-A1 | Fracture length increasing method | Inactive | 18-Aug-2016 |
Velvet Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Velvet Energy Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Velvet Energy Investments (2)
Velvet Energy’s most recent deal was a Buyout/LBO with Iron Bridge Resources for . The deal was made on 07-Nov-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Iron Bridge Resources | 07-Nov-2018 | Buyout/LBO | Energy Exploration | ||
| Vero Energy (Gas Assets) | 31-Jan-2012 | Buyout/LBO | Energy Exploration |
Velvet Energy Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Iron Bridge Resources | Calgary, Canada |
Velvet Energy FAQs
-
When was Velvet Energy founded?
Velvet Energy was founded in 2011.
-
Where is Velvet Energy headquartered?
Velvet Energy is headquartered in Calgary, Canada.
-
What is the size of Velvet Energy?
Velvet Energy has 90 total employees.
-
What industry is Velvet Energy in?
Velvet Energy’s primary industry is Energy Production.
-
Is Velvet Energy a private or public company?
Velvet Energy is a Private company.
-
What is the current valuation of Velvet Energy?
The current valuation of Velvet Energy is .
-
What is Velvet Energy’s current revenue?
The current revenue for Velvet Energy is .
-
How much funding has Velvet Energy raised over time?
Velvet Energy has raised $587M.
-
Who are Velvet Energy’s investors?
1901 Partners Management, CPP Investments, Greenbelt Capital Management, Trilantic North America, and Warburg Pincus are 5 of 6 investors who have invested in Velvet Energy.
-
When was Velvet Energy acquired?
Velvet Energy was acquired on 31-Aug-2021.
-
Who acquired Velvet Energy?
Velvet Energy was acquired by Spartan Delta.
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