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Steve Fagan (Strathcona) - Building 4 Companies in 40 Years: Sequoia to Strathcona
This episode we are joined by Mr. Steve Fagan - Vice Chairman of Strathcona Resources - a TSX listed energy company with a market cap of ~$9 billion.
Mr. Fagan has more than 40 years of experience in the Canadian energy industry, building and monetizing exploration and production companies.
He co-founded Strath Resources in January 2017, which later merged into Strathcona Resources, initially acquiring the Kakwa Montney for $280 million and with production growing from approximately 5,000 boe/d to over 40,000 boe/d. Those assets were subsequently divested to ARC Resources in 2025 for just…
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