Strathcona to become fifth-largest Canadian oil producer after Pipestone takeover

France Nouvelles Nouvelles

Strathcona to become fifth-largest Canadian oil producer after Pipestone takeover
France Dernières Nouvelles,France Actualités
  • 📰 OttawaCitizen
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Strathcona Resources to go public via deal to buy Pipestone Energy — via financialpost

Play Video

In a conference call on Aug. 1, Waterous said that Strathcona has decided to go public since it believes that the sector in general is undervalued and provides “multiple attractive acquisition” opportunities. He added that while many of Strathcona’s targets were happy to take cash, there are others interested in partnering with the company by acquiring shares in a public company.Article content

Owned by private equity firm Waterous Energy Fund, Strathcona has been a big buyer of Canadian oil and gas assets ever since it was formed in 2020. It acquired Saskatchewan-based heavy oil company Serafina Energy Ltd. in August last year. It purchased Caltex Resources in March 2022 and Osum Oil Sands Corp. in June 2021.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

OttawaCitizen /  🏆 21. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Strathcona Resources to go public through deal to buy Pipestone EnergyStrathcona Resources to go public through deal to buy Pipestone EnergyStrathcona Resources says it will go public through a deal to purchase oil and gas exploration company Pipestone Energy Corp.
Lire la suite »

Strathcona Resources to go public via deal to buy Pipestone EnergyStrathcona Resources to go public via deal to buy Pipestone EnergyStrathcona Resources said it will go public via a deal to buy Pipestone Energy making the new company Canada\u0027s fifth\u002Dlargest oil producer. Read on.
Lire la suite »

Strathcona Resources to go public through deal to buy Pipestone Energy - BNN BloombergStrathcona Resources to go public through deal to buy Pipestone Energy - BNN BloombergStrathcona Resources Ltd. says it will go public through a deal to purchase oil and gas exploration company Pipestone Energy Corp.
Lire la suite »

Strathcona to become fifth-largest Canadian oil producer after Pipestone takeoverStrathcona to become fifth-largest Canadian oil producer after Pipestone takeoverStrathcona Resources said it will go public via a deal to buy Pipestone Energy making the new company Canada\u0027s fifth\u002Dlargest oil producer. Read on.
Lire la suite »

Strathcona to become fifth-largest Canadian oil producer after Pipestone takeoverStrathcona to become fifth-largest Canadian oil producer after Pipestone takeoverStrathcona Resources said it will go public via a deal to buy Pipestone Energy making the new company Canada\u0027s fifth\u002Dlargest oil producer. Read on.
Lire la suite »

Strathcona to become fifth-largest Canadian oil producer after Pipestone takeoverStrathcona to become fifth-largest Canadian oil producer after Pipestone takeoverStrathcona Resources said it will go public via a deal to buy Pipestone Energy making the new company Canada\u0027s fifth\u002Dlargest oil producer. Read on.
Lire la suite »



Render Time: 2025-03-07 02:38:29