Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal
Oil & Gas 360º
MAY 15, 2025
Updated Guidance and Long-Range Plan Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company producing approximately 120 Mbbls / d (100% oil, 95 Mbbls / d thermal, 25 Mbbls / d conventional) with a 50-year 2P reserve life index and positive net cash (including marketable securities).
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