Strathcona Resources Ltd.

• MEG Energy urges shareholders to reject unsolicited takeover offer by Strathcona Resources

  Strathcona and MEG both extract bitumen using steam-driven techniques in eastern Alberta and don't have fuel refining or retail businesses like some bigger oilsands players.

  Money

  Jun 17
  
• Strathcona Resources Ltd. aims to join oilsands ‘doppelgangers’ with MEG takeover bid

  Calgary-based Strathcona Resources has made a $9.5 billion stock and cash takeover offer for oilsands producer MEG Energy, which it already owns a 9.2 per cent stake in.

  Economy

  May 16
  
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• Strathcona Resources selling Montney assets for $2.84B

  The company says once the deals are complete it will be a pure-play heavy oil company.

  Money

  May 15
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• Strathcona Resources and Canada Growth Fund to partner on carbon capture project

  The project will involve building carbon capture and sequestration infrastructure on steam-assisted gravity drainage oilsands facilities across Saskatchewan and Alberta.

  Canada

  Jul 11, 2024
• Strathcona Resources closes Pipestone Energy merger deal creating 5th largest oil producer in Canada

  Pipestone shareholders voted to approve the deal last week in a move to create the fifth largest oil producer in Canada.

  Money

  Oct 3, 2023
• Pipestone shareholders to vote on Strathcona Resources merger

  A dissident shareholder's campaign against a proposed merger between Pipestone Energy Corp. and Strathcona Resources Ltd. will be put to the test Wednesday.

  Economy

  Sep 26, 2023
• Strathcona Resources to go public through $8.6B deal to buy Pipestone Energy

  Calgary-based energy producer Strathcona said the deal will value the combined business at $8.6 billion, with the new company becoming the fifth largest oil producer in Canada.

  Money

  Aug 1, 2023
• Strathcona Resources completes Tucker, Caltex acquisition

  Strathcona Resources has completed its acquisition of privately held oil company Caltex Resources as well as the Tucker thermal oil property previously owned by Cenovus Energy Inc.

  Money

  Mar 14, 2022