Strathcona Resources will acquire Greenfire Resources in a deal valued at up to C$2.9 billion (US$2.1 billion). The combined company will be Canada’s fourth-largest SAGD operator, with more than 3 Bbbl of 2P reserves.


Strathcona Resources will acquire Greenfire Resources in a deal valued at up to C$2.9 billion (US$2.1 billion). The combined company will be Canada’s fourth-largest SAGD operator, with more than 3 Bbbl of 2P reserves.