Our strategy for continued growth is focused on the acquisition of high-quality, high-performing assets combined with the option to grow production organically leveraging existing infrastructure. Our financial strength, asset and commodity diversification, and disciplined allocation of capital is what gives us the opportunity to consistently seek innovative ways to improve our performance.
Headquartered in Calgary, Alberta, Strathcona Resources Ltd. is one of North America’s fastest growing oil and gas producers.
Spanning from northeast British Columbia to southwest Saskatchewan, operations are concentrated into three core areas, condensate-rich Montney, Cold Lake Thermal Oil and Lloydminster Heavy Oil. Each is characterized by a long reserve life, low West Texas Intermediate (WTI) breakeven and robust free cash flow profiles. Our concentrated portfolio of complementary assets insulates our business from risk.
At Strathcona, we pride ourselves on maintaining our high standard of safety, strong operational and environmental performance, and positive involvement in the communities where we live and work.
Our people are the key to the success of Strathcona. Every employee, contractor and vendor are essential to our performance and culture.