Canadian independent signs $2 billion in upstream asset deals

The transactions position Strathcona as a pure-play heavy oil producer focused on long-life thermal assets

Strathcona Resources's Montney gas and condensate plays straddle Canada's Alberta and British Columbia provinces. — Strathcona Resources's Montney gas and condensate plays straddle Canada's Alberta and British Columbia provinces.Photo: STRATHCONA RESOURCES

Xu Yihe

Asia CorrespondentSingapore

Published 15 May 2025, 08:42Updated 15 May 2025, 08:58

Strathcona Resources Canada ARC Resources Tourmaline Oil Corp North America