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A service for energy industry professionals · Tuesday, June 3, 2025 · 818,480,817 Articles · 3+ Million Readers
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Steam Assisted Gravity Drainage & Oil Sand News Monitoring

  • Published on Jun 2, 2025

    Strathcona Initiates Formal Offer to Acquire MEG

    Strathcona Resources Ltd. has formally started its offer to acquire all of the issued and outstanding common shares of MEG Energy Corp. it does not already own in a cash-and-stock transaction. The offer is for 0.62 of a Strathcona common share and $4.10 in …

    Source: Rigzone - Neutral
  • Published on Jun 2, 2025

    Wildfires Shut Down 350,000 Bpd of Alberta Oil Output

    Canada’s Alberta province is facing one of its worst early-season wildfire crises in recent memory, with industry officials confirming on Monday that over 50% of the province’s oil production has been forced offline as flames sweep through critical …

    Source: Oil Price - Neutral
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