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Steel Reef logo — Powering potential

Steel Reef

Powering potential

Founded 2012 Canada Calgary, Canada 141 employees Private Equity Total: $165.50M Oil and Gas, Construction

General Information

Company Name Steel Reef
Founded Year 2012
Location Canada Calgary, Canada
Employees 141
Industries Oil and Gas, Construction
Funding Stage Private Equity
Social

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About Steel Reef

Steel Reef Infrastructure Corp. is a Calgary-based midstream company that focuses on the Western Canadian Sedimentary Basin and greater Williston Basin. The company specializes in contracting, constructing, operating, and optimizing gas, gas liquids, and other oil-related infrastructure, with a specific emphasis on flare gas recovery. Founded in 2010, Steel Reef is committed to enhancing the energy community by prioritizing stakeholder interests, including employees, customers, investors, and local communities. The company's values of discipline, respect, and excellence shape its approach to building mutually beneficial relationships with stakeholders. In February 2019, Steel Reef secured a significant $90.50M investment in a Private Equity Round. The investment was led by SaskWorks Venture Fund, InstarAGF Asset Management, and Pfm Capital, indicating a strong show of confidence from prominent investment entities in the company's potential. With its strong industry foothold in Oil and Gas and Construction, as well as its forward-looking operational strategies, Steel Reef's ability to capture associated natural gas to prevent emissions and support government regulations positions it as an innovative and socially responsible player in the energy sector. The company's slogan, "Enhancing the Energy Community," neatly sums up their commitment to driving positive change and sustainable growth.

Business keywords: energy infrastructure, midstream company, flare gas recovery, carbon reduction, natural gas processing, oil and gas industry, western Canadian Sedimentary Basin, Williston Basin, energy community, stakeholder engagement, environmental sustainability, community support, asset optimization, contracting and construction, energy value chain

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $90.50M 3
SaskWorks Venture Fund
SaskWorks Venture Fund, InstarAGF Asset Management +1
08 Feb 2019
Private Equity Round $75.00M 1
InstarAGF Asset Management
20 Apr 2016

Steel Reef Alternatives & Competitors

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Steel Reef vs
Surerus Pipeline Inc.
Surerus Pipeline Inc. Canada

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Steel Reef vs
PECI (Pipeline Environmental & Compression Industries, LLC)
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Steel Reef vs
Mohammed Al Otaiba Group Establishment
Mohammed Al Otaiba Group Establishment United Arab Emirates

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FAQ About Steel Reef

Powering potential
Steel Reef was founded in 2012.
Steel Reef is headquartered in Calgary, Canada.
Steel Reef operates in Oil and Gas and Construction. Its work centres on energy infrastructure, midstream company, flare gas recovery and carbon reduction.
Steel Reef has approximately 141 employees.
Steel Reef has completed 2 funding rounds, raising a total of $165.50M. The latest funding stage is Private Equity.
Top alternatives and competitors to Steel Reef include Surerus Pipeline Inc., PECI (Pipeline Environmental & Compression Industries, LLC), Mohammed Al Otaiba Group Establishment, Align Midstream Partners II. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Steel Reef and Surerus Pipeline Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Steel Reef, https://bouncewatch.com/company/steel-reef, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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