About Compass Petroleum
Compass Petroleum is an Energy & Utilities company based in Calgary (Canada) founded in 2002, and was acquired by Whitecap Resources in December 2011. Upstream oil and gas company. Its focus areas include Energy, Oil & Gas Upstream and Diversified.
Company details
Compass Petroleum was established in 2002 as a Canadian public company in the upstream oil and gas sector. Operations were centered on the exploration, development, and production of Viking light oil and natural gas resources. Activities were conducted primarily in Western Canadas resource lands, with headquarters located in Calgary. The company was acquired by Whitecap Resources in February 2012, concluding its independent operations.
- Headquarters Calgary, Canada
- Stage Acquired
- SectorsEnergy & Utilities
- Website compasspetroleum.com
- Social LinkedIn
- Acquired by Whitecap Resources (Dec 2011)
- Latest Funding Round$10.6M (USD), Post-IPO
May 2010
- InvestorsWhitecap Resources
& 1 more
- Acquired byWhitecap Resources
(Dec 2011)
Funding Insights of Compass Petroleum
- Total Rounds 1
- Last Round Post-IPO — $10.6M
- First Round $10.6M
(May 2010)
- Investors Count 1
All 1 funding rounds of Compass Petroleum with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2010 | $10.6M | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in Compass Petroleum
Compass Petroleum has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Whitecap Resources and Libra Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides comprehensive portfolio management, financial planning, and investment advisory services. | 1998 | libraadvisors.com | New York, United States | |
Monthly dividends are paid by Canadian oil and liquids producer. | 2009 | wcap.ca | Calgary, Canada |
Investor details for Compass Petroleum
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Compass Petroleum
3 dated milestones of Compass Petroleum across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Compass Petroleum is founded.
- Funding First funding round of $10.6M.
- Exit Acquired by Whitecap Resources.
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Frequently Asked Questions about Compass Petroleum
Compass Petroleum was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Compass Petroleum is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Compass Petroleum was established in 2002 as a Canadian public company in the upstream oil and gas sector. Operations were centered on the exploration, development, and production of Viking light oil and natural gas resources. Activities were conducted primarily in Western Canadas resource lands, with headquarters located in Calgary. The company was acquired by Whitecap Resources in February 2012, concluding its independent operations.
Compass Petroleum has 2 investors. Key investors include Whitecap Resources, and Libra Advisors.
Yes. Compass Petroleum was acquired by Whitecap Resources in December 2011.