Strathcona Resources Ltd. announced the completion of a share pass-through transaction by Waterous Energy Fund Co-investment LPs, resulting in the sale of 24,010,576 common shares, approximately 11.2% of its total shares. Post-transaction, Waterous Energy Fund’s ownership decreased from 90.8% to 79.6%, increasing the public float to over 20%. The transaction involved several reorganizational steps and did not require shareholder approval. Strathcona, listed on the Toronto Stock Exchange, is recognized as one of North America’s fastest-growing oil and gas producers, focusing on thermal oil and enhanced oil recovery. More information is available on their website.