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Strathcona Oil Co. To Buy Pipestone In $8.7B Deal

By Renee Hickman (August 1, 2023, 2:11 PM EDT) -- Canadian oil company Strathcona said on Tuesday that it had agreed to buy fellow producer Pipestone for CA$11.5 billion ($8.7 billion) in a deal that would take Strathcona public and create Canada's fifth-largest oil producer....

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