Who We Are

Strathcona Resources Ltd. is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery.

Strathcona is built on a strategic approach to growth achieved through the consolidation and development of long-life assets.

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Strategic Approach

Strathcona focuses on acquiring established, long-life assets in our core operating areas, and then developing them organically to optimize their reserve life. Our strategy has led to a differentiated track record versus our peers.

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Our Operations

Our operations are concentrated near the Cold Lake and Lloydminster regions of Alberta and Saskatchewan.

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Sustainability

Continuously seeking genuine and innovative ways to improve performance.

Health & Safety

We work hard to build a safe and inclusive environment for everyone.

Emissions Reduction

Effectively reducing emissions is critical to our success.

Community Relations

Creating enduring relationships with local communities and stakeholders is important.

Newsroom

Stay up to date on the latest from Strathcona.

27Oct
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Strathcona Resources Ltd. Announces Voting Support Agreement for Cenovus Energy Inc.’s Acquisition of MEG Energy Corp. and Agreement to Purchase Vawn Thermal Project and Certain Undeveloped Thermal Lands from Cenovus

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23Oct
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Strathcona Announces Q3 2025 Conference Call

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10Oct
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Strathcona Resources Ltd. Terminates Take-Over Bid for MEG Energy Corp., Announces Shareholder Meeting to Approve Special Distribution, and Provides Corporate Update

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25Sep
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Introducing the 2025 Momentum Scholarship Recipients!

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17Sep
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Turning Waste Heat into Clean Power: How Strathcona’s Orion Asset is Improving Energy Efficiency

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16Sep
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The National Economy is Moving in the Wrong Direction: Canadians Deserve Prosperity, Not Uncertainty

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16Sep
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Strathcona Resources Ltd. Responds to MEG Board Recommendation

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11Sep
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Strathcona Resources Ltd. Confirms Filing of Amended Offer for MEG Energy Corp. and Reaffirms Willingness to Enter into Supported Transaction Following Cenovus Energy Inc.’s Election Not to Match Strathcona’s Superior Proposal

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10Sep
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Strathcona Celebrates New Community Partners – Stepping Stones Crisis Society and The Olive Tree Community Centre Food Bank

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8Sep
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Strathcona Resources Ltd. Announces Amended and Extended Offer to Acquire MEG Energy Corp.

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4Sep
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Strathcona Resources Ltd. Confirms Acquisition of Additional Common Shares of MEG Energy Corp.

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3Sep
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Strathcona Resources Ltd. Provides Update on Form of $2.1 Billion Special Distribution

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