Strathcona Resources Ltd.

Strathcona Resources Ltd. is a Canadian independent energy company focused on the exploration and production of oil and gas resources. The company operates primarily in Western Canada and is known for its emphasis on heavy oil development and thermal recovery methods. Strathcona Resources Ltd. organizes its business across key producing regions, including the Cold Lake thermal assets in Northern Alberta and the Lloydminster heavy oil area spanning parts of Alberta and Saskatchewan, where it utilizes techniques such as steam-assisted gravity drainage and other enhanced oil recovery processes to access large oil-in-place reservoirs. The company has also held positions in liquids-rich natural gas plays, contributing to its diversified upstream portfolio within the oil and gas exploration and production industry. Through a strategy of consolidating and developing established assets, Strathcona Resources Ltd. plays a role in supplying crude oil and natural gas liquids to regional and international markets, supporting industrial activity and energy demand across North America.