About Siccar Point Energy
Siccar Point Energy is an Energy & Utilities company based in Shoreview (United States) founded in 2014, and was acquired by Ithaca Energy in April 2022. Exploration and production in the North Sea are conducted. Siccar Point Energy has raised $500 million across 2 funding rounds from investors including ING, CommBank and Natixis. Siccar Point Energy offers products and services including Oil and Gas Assets and ESG Support Services. Its focus areas include Energy, Oil & Gas Upstream and Diversified. Its legal entity is Siccar Point Energy Limited.
Company details
Siccar Point Energy was established in 2014 as an exploration, development, and production entity within the energy sector. Activities are centered on the North Sea region, where hydrocarbon resources are targeted through drilling and appraisal efforts. The company is based in Shoreview, United States, with operations extending to offshore assets in the United Kingdom. Focus is maintained on mature fields and new ventures to support regional energy supply.
- Headquarters Shoreview, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website siccarpointenergy.co.uk
- Acquired by Ithaca Energy (Apr 2022)
- Legal Name Siccar Point Energy Limited
- Total Equity Funding$500M (USD)
in 2 rounds
- Latest Funding Round$800M (USD), Debt – Conventional
Dec 2018
- InvestorsING
& 13 more
- Acquired byIthaca Energy
(Apr 2022)
Products & Services of Siccar Point Energy
Siccar Point Energy offers a comprehensive portfolio of products and services, including Oil and Gas Assets and ESG Support Services.
Exploration and production of oil and gas in various UK fields are undertaken
Support for communities and environmental policies is provided in conjunction with energy operations
Funding Insights of Siccar Point Energy
Siccar Point Energy has successfully raised a total of $500M across 2 strategic funding rounds. The most recent funding activity was a Debt β Conventional round of $800 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $500M
- Total Rounds 2
- Last Round Debt – Conventional β $800M
- First Round $500M
(Sep 2014)
- Investors Count 13
All 2 funding rounds of Siccar Point Energy 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 |
|---|---|---|---|---|---|
| Dec 2018 | $800M | Debt – Conventional | β | β | |
| Sep 2014 | $500M | Private Equity Round | β | Bluewater, Blackstone | β |
14 investors in total: 14 institutional.
Investors in Siccar Point Energy
Siccar Point Energy has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include ING, CommBank and Natixis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Commercial banking services are provided to individuals and corporations. | 1822 | dnb.no | Oslo, Norway | |
Commercial banking and insurance services are provided globally by ING. | 1991 | ing.com | Amsterdam, Netherlands | |
Multi-disciplinary global financial services provider | 2006 | natixis.com | Paris, France | |
ABN AMRO is recognized as a personal bank in the digital era. | 1991 | abnamro.com | Amsterdam, Netherlands | |
Commercial banking services are provided by Barclays worldwide. | 1690 | barclays.co.uk | London, United Kingdom | |
Banking & financial service provider | 1848 | group.bnpparibas | Paris, France | |
Commercial banking services are provided by Credit Agricole CIB. | 2004 | ca-cib.com | Montrouge, France | |
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States | |
Retail, business, and institutional banking services are offered in Australia. | 1912 | commbank.com.au | Sydney, Australia |
Investor details for Siccar Point Energy
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.
People of Siccar Point Energy
4 people are tracked at Siccar Point Energy (4 in leadership).
| Name | Role | Group |
|---|---|---|
Iain Bartholomew | Subsurface Director | Leadership |
Jonathan Roger | Chief Executive Officer | Leadership |
Doug Fleming | Chief Financial Officer | Leadership |
Marshall Allerton | Head Of Projects And Operations | Leadership |
Complete people profiles for Siccar Point Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Siccar Point Energy
4 dated milestones of Siccar Point Energy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Siccar Point Energy is founded.
- Funding First funding round of $500.0M.
- Funding Latest funding round, Debt β Conventional, of $800.0M.
- Exit Acquired by Ithaca Energy.
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Siccar Point Energy (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Frequently Asked Questions about Siccar Point Energy
Siccar Point Energy was founded in 2014.
Siccar Point Energy is headquartered in Shoreview, United States. It is registered at Shoreview, Minnesota, United States.
Siccar Point Energy is a funded company, having raised a total of $500M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $500M, raised on Sep 2014.
Siccar Point Energy was established in 2014 as an exploration, development, and production entity within the energy sector. Activities are centered on the North Sea region, where hydrocarbon resources are targeted through drilling and appraisal efforts. The company is based in Shoreview, United States, with operations extending to offshore assets in the United Kingdom. Focus is maintained on mature fields and new ventures to support regional energy supply.
Siccar Point Energy offers Oil and Gas Assets and ESG Support Services.
Siccar Point Energy has 14 investors. Key investors include ING, CommBank, Natixis, BNP Paribas, and Citi.
Siccar Point Energy operates through Siccar Point Energy Limited.
Yes. Siccar Point Energy was acquired by Ithaca Energy in April 2022.
