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Strathcona to acquire Greenfire in $2.1-billion oil sands deal

November 10, 2026 by
Strathcona to acquire Greenfire in $2.1-billion oil sands deal
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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.

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