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Strathcona Resources Ltd.

Energy - Oil and Gas CALGARY AB, Canada ~300 employees
Founded
--
Employees (Est.)
~300
15 leaders known
Total Funding
$661.7M
Funding Rounds
1
Last Funding
2025-06-27

About Strathcona Resources Ltd.

Strathcona Resources Ltd. is one of North America's fastest growing oil and gas producers and Canada's fifth largest oil producer. The company focuses on an innovative approach to growth through the consolidation and development of long-life oil and gas assets, with operations concentrated in Lloydminster, Cold Lake, and Montney regions.

Products & Services

Lloydminster Heavy Oil:Ultra-low decline enhanced oil recovery (EOR) assets and thermal oil properties in Southwest Saskatchewan, offering decades of low-risk, high-return development opportunities.
Cold Lake Thermal Oil:A major thermal oil producer in East-central Alberta, benefiting from premium pricing and a massive proven resource.
Montney Natural Gas and Condensate:Assets in Northwest Alberta and Northeast British Columbia, positioned in the condensate-rich Kakwa and prolific dry-gas Groundbirch regions, providing a natural hedge to oil businesses.

Specialties

Enhanced Oil Recovery (EOR) Thermal Oil Production Natural Gas and Condensate Production Long-life Asset Development

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Subscription Receipts Purchase
T: -
FT: Subscription Receipts Purchase
A: 661688000
MR: -
FA: $661,688,000.00
FAN: 661688000
D: 2025-06-27
FD: 2025-06-27
5 investors
Subscription Receipts Purchase Latest
2025-06-27
$661.7M
5 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Adam Waterous

Executive Chairman, Managing Partner & Chief Executive Officer, Waterous Energy Fund

A

Al Grabas

President, SCR Montney

A

Andrew Kim

Chief Financial Officer, Waterous Energy Fund

B

Bob Dhillon

Board Member

C

Cody Church

Board Member

C

Connie De Ciancio

Chief Commercial Officer

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Recent News

Strathcona Resources Ltd. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Energy - Oil and Gas
Company Size
~300 employees (est.)
Locations
CALGARY AB, Canada
Calgary, AB, Canada
Calgary, AB

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