Strathcona agrees C$2.7bn to C$2.9bn acquisition of Greenfire Resources

Canadian energy producer Strathcona Resources has agreed to acquire Greenfire Resources in a deal valued at approximately C$2.7bn to C$2.9bn, including debt. The acquisition will expand its oil sands operations in Alberta and is expected to generate around C$75m in annual savings. HPC could identify equipment suppliers, engineering contractors and specialist service providers that may benefit from the enlarged group's operations. Completion is expected after shareholder and regulatory approvals, likely in early 2027.

If you are interested to enquire further, please fill in the form below with your details and one of our consultants will contact you shortly.