Strathcona Resources purchases additional MEG Energy shares

Strathcona Resources

04/09/2025 23:14

Sept 4 (Reuters) - Canadian oil and gas producer Strathcona Resources SCR.TO said on Thursday it has purchased additional 6.04 million common shares of rival MEG Energy MEG.TO for about C$172.7 million ($124.99 million).

($1 = 1.3817 Canadian dollars)

 (Reporting by Pooja Menon in Bengaluru; Editing by Alan Barona)

 ((Pooja.Menon@thomsonreuters.com))