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Monday, November 9, 2026

Strathcona Resources to buy Greenfire Resources in cash-and-stock deal up to C$2.9B

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Greenfire Resources (GFR) surged 37.1% pre-market Monday after Stratchcona Resources (STHRF) agreed to acquire the Canadian oil sands producer in a deal worth as much as C$2.9B (US$2.1B) in cash and stock.

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