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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Strathcona would like to thank its entire Montney team, led by President Al Grabas, for their invaluable contributions in growing the Montney business from just 5 Mboe / d in January 2017 to 72 Mboe / d in 2024. The following table reconciles Field Operating Income to the nearest GAAP measure. USD-CAD and C$3 / GJ AECO.

BBL 130
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Oil Review Middle East - Untitled Article

Oil Review Middle East

The company says its strong relationship with NOC, going back to 2017, was a key factor in retaining the contract, along with its record of past performance, knowledge of NOCs assets and availability of resource within the country. The field is operated by North Oil Company, a joint venture between QatarEnergy (70%) and TotalEnergies (30%).

Field 40