Brief: Strathcona Resources Ltd. Terminates Take-Over Bid For Meg Energy Corp
10/10/2025 22:59
Oct 10 (Reuters) - Strathcona Resources Ltd SCR.TO: STRATHCONA RESOURCES LTD. TERMINATES TAKE-OVER BID FOR MEG ENERGY CORP., ANNOUNCES SHAREHOLDER MEETING TO APPROVE SPECIAL DISTRIBUTION, AND PROVIDES CORPORATE UPDATE APPROVES 2026 CAPITAL BUDGET OF $1.0 BILLION OUTLOOK FY2026 PRODUCTION GUIDANCE OF 115 MBBLS/D TO 125 MBBLS/D AND EXIT PRODUCTION OF ABOUT 130 MBBLS/D STRATHCONA RESOURCES LTD - WEF TO DISTRIBUTE UP TO 13% OF STRATHCONA SHARES TO PARTNERS Source text: ID:nCNW6xp0Ta Further company coverage: SCR.TO ((Reuters.Briefs@thomsonreuters.com;))
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