Finance

Ambitious Canada player snaps up rival to create US$8.7 billion oil and gas company

Adam Waterous’ Strathcona Resources will be a public company and become Canada’s fifth biggest liquids producer

Core play: One of Strathcona Resources’ key gas and condensate plays is the Montney which straddles Canada’s Alberta and British Columbia provinces.
Core play: One of Strathcona Resources’ key gas and condensate plays is the Montney which straddles Canada’s Alberta and British Columbia provinces.Photo: STRATHCONA RESOURCES
London
Published 1 August 2023, 12:40Updated 2 August 2023, 09:29
Strathcona ResourcesPipestone EnergyAdam WaterousCanadaMontney