Adam Waterous, Executive Chairman of Strathcona, said "Strathcona is delighted that the MEG board has accepted Strathcona's recommendation to initiate a strategic alternatives process for the business ...

(Reuters) -Canadian oil and gas producer Strathcona plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG Energy, aiming to create a large Canadian oil sands company with ...

Strathcona will also have to decide whether to abandon its bid on Sept. 15 or whether it will extend or improve its offer for MEG. (Credit: IAN KUCERAK/EDMONTON SUN/QMI AGENCY) Strathcona, which ...

Wondering if Strathcona Resources at around CA$41 is still a smart buy after its big run, or if you are turning up late to the party? This breakdown will walk through what the current price really ...

The company 'fully supports them contacting other potential acquirers to determine if a superior transaction to Strathcona's offer is available'. Image by Tero Vesalainen via iStock After being ...

CALGARY, AB, Oct. 10, 2025 /CNW/ - Strathcona Resources Ltd. ("Strathcona") today announced: (i) the termination of its take-over bid (the "Offer") for MEG Energy Corp. ("MEG"), (ii) a meeting of ...

Adam Waterous is abandoning his quest to acquire MEG Energy Corp. MEG-T. In a statement released late Friday, the executive chairman of Strathcona Resources Ltd. SCR-T said the company was terminating ...

A non-GAAP financial measure which does not have a standardized meaning under the Accounting Standards; see "Specified Financial Measures" section of this press release. In Cold Lake, production of ...

(Reuters) -Strathcona Resources has agreed to buy private equity-backed Serafina Energy for C$2.3 billion ($1.8 billion), sources with direct knowledge of the matter said on Wednesday, the largest ...