Vawn Thermal Project Acquisition and Integration

acquired and planning integration

Strathcona Resources Ltd. has completed the acquisition of the Vawn Thermal Project and undeveloped thermal lands. The project includes production facilities at Vawn, which is adjacent to Strathcona's existing Edam thermal project. Strathcona plans to connect the Edam and Vawn facilities into a single integrated complex via a short pipeline starting in 2027, aiming to realize cost synergies and enhance marketing options. The acquisition also includes undeveloped lands at Glenbogie, Plover Lake, and Lindbergh, expected to increase long-term production capacity and support multi-phase development plans.