Osum
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | CAD275m | Growth Equity VC | |
* | $500m | Private Placement VC | |
N/A | Merger | ||
Total Funding | AUD1.1b |
Recent News about Osum
EditOsum Oil Sands Corp., now part of Strathcona Resources, specializes in the extraction and production of oil sands in Alberta, Canada. The company focuses on quality thermal assets, which are known for their low decline rates and long life production. Osum serves clients in the energy sector, including large-scale industrial consumers and energy distributors. Operating within the oil and gas market, Osum employs a business model centered around the extraction and sale of bitumen, a heavy crude oil. Revenue is generated through the sale of this bitumen to refineries and other industrial clients. The company maintains a solid financial position, which supports its future growth initiatives.
Keywords: oil sands, thermal assets, low decline, long life production, energy sector, bitumen extraction, Alberta, industrial clients, financial stability, future growth.