About Cona Resources
Cona Resources is an Energy & Utilities company based in Calgary (Canada) founded in 2009, and was acquired by Waterous Energy Fund in May 2017. Heavy oil production and development are conducted in Saskatchewan. The company has 57 employees. Cona Resources has completed 1 acquisition, including Pengrowth. Its chief executive, as recorded, is Rob Morgan. Its focus areas include Energy, Oil & Gas Upstream and Exploration and Production.
Company details
Cona Resources was founded in 2009 and is headquartered in Calgary, Canada. Operations center on crude oil production and recovery from low-viscosity heavy oil reserves in the Kerrobert and Lloydminster areas of Saskatchewan. The resource base includes 1.9 billion barrels of oil equivalent initially in place, with 12 recovered to date. Focus remains on heavy oil development within the energy sector.
- Headquarters Calgary, Canada
- Employees 57
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website conaresources.com
- Social LinkedIn
- Acquired by Waterous Energy Fund (May 2017)
- Investors
- Employee Count57
- Investments & Acquisitions
- Acquired byWaterous Energy Fund
(May 2017)
Investors in Cona Resources
Cona Resources has secured backing from 1 investor. Prominent investors backing the company include Waterous Energy Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Waterous Energy Fund is engaged in private equity investments within the Canadian oil and gas sector. | 2017 | waterous.com | Calgary, Canada |
Investor details for Cona Resources
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People of Cona Resources
1 people are tracked at Cona Resources (1 in leadership); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
Rob Morgan | CEO & President | Leadership |
Complete people profiles for Cona Resources
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- Full employee list
- Team structure
- Board tenure
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Investments & Acquisitions by Cona Resources
Cona Resources has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pengrowth.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Oil and gas exploration and production are conducted in Canada. | pengrowth.com | Calgary, Canada | 1988 | Oct 2019 | $562.18M |
Complete acquisition details for Cona Resources
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Timeline of Cona Resources
3 dated milestones of Cona Resources across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Cona Resources is founded.
- Exit Acquired by Waterous Energy Fund.
- Acquisition Acquires Pengrowth.
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Frequently Asked Questions about Cona Resources
Cona Resources was founded in 2009.
Cona Resources is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Rob Morgan is the CEO of Cona Resources, as recorded in our data.
Cona Resources has 57 employees.
Cona Resources was founded in 2009 and is headquartered in Calgary, Canada. Operations center on crude oil production and recovery from low-viscosity heavy oil reserves in the Kerrobert and Lloydminster areas of Saskatchewan. The resource base includes 1.9 billion barrels of oil equivalent initially in place, with 12 recovered to date. Focus remains on heavy oil development within the energy sector.
Cona Resources has made 1 acquisition, including Pengrowth.
Cona Resources has 1 investor. Key investors include Waterous Energy Fund.
Yes. Cona Resources was acquired by Waterous Energy Fund in May 2017.