Waterous Energy Fund Announces The Amalgamation Of Strathcona Resources Ltd. And Osum Oil Sands Corp. And The Closing Of A New C$1.0 Billion Covenant-based Credit Facility

by prnewswire.com posted 1month ago 11 views
Transaction creates the largest private equity-owned oil producer in North America, with ~1.7 BnBoe of 2P reserves, ~80,000 Boe / d of production, and a ~60-year reserve life Financing marks the first new covenant-based loan issued to a Canadian oil and gas producer since 2018 and the...

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