Canadian oil sands companies have found a way to ramp up production in the face of oil prices: curtailing lengthy repairs to equipment https://t.co/dcJ28kCW6n ...

Group 1 - Cenovus Energy (CVE) is in advanced discussions with Canadian Indigenous groups to acquire MEG Energy, with a proposed C$2 billion ($1.45 billion) equity stake from First Nations and Métis communities [1][5] - MEG Energy is currently resisting a hostile C$6 billion offer from Strathcona Resources, prompting a strategic review to explore alternatives [2][4] - The acquisition of MEG's Christina Lake oil sands operation would create operational synergies and support long-term production growth for Cenovus [3][4] Group 2 - The Indigenous ownership aspect may facilitate regulatory approvals and aligns with the Canadian government's push for greater equity participation in resource projects [5][6] - The success of Cenovus's joint approach may depend on the speed of formalizing terms with Indigenous partners and the strategic benefits recognized by MEG's board [6]

Cenovus is in talks with Indigenous groups in Canada to jointly buy MEG, an oil sands producer that faces an unsolicited $4 billion takeover bid from a Canadian oil tycoon https://t.co/EhWbDMk0zB ...

Cenovus’ Christina Lake oil-sands site vented the most natural gas in more than four years into the atmosphere when a wildfire forced an emergency shutdown of the facility in May https://t.co/wWRvUUjE8O ...

Group 1 - Greenfire Resources Ltd. held its annual meeting of shareholders on May 6, 2025, in Calgary, Alberta, where voting results were announced [1][2] - A total of 56,586,107 Common Shares, representing approximately 80.93% of the issued and outstanding shares, were voted at the meeting [3] - All matters presented at the meeting, including the election of seven directors, were approved [3] Group 2 - The following nominees were elected as directors, with their respective votes for and withheld percentages: - Adam Waterous: 91.67% for, 8.33% withheld - Tom Ebbern: 93.67% for, 6.33% withheld - Henry Hager: 92.55% for, 7.45% withheld - Brian Heald: 93.67% for, 6.33% withheld - Andrew Kim: 91.86% for, 8.14% withheld - David Knight Legg: 93.67% for, 6.33% withheld - David Roosth: 91.86% for, 8.14% withheld [4] Group 3 - Deloitte LLP was appointed as the auditors of Greenfire until the close of the next annual meeting, with remuneration to be determined by the directors [6] Group 4 - Greenfire is an oil sands producer focused on developing long-life and low-decline thermal oil assets in the Athabasca region of Alberta, Canada [7] - The company aims to leverage its large resource base and significant infrastructure to achieve capital-efficient production growth [7]