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Stratum announces sale of its Canadian business, Stratum Reservoir (Canada), ULC to AGAT Laboratories Ltd.

Fasken
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Overview

Client

Confidential

On May 31, 2023, Stratum announced the sale of its Canadian business, Stratum Reservoir (Canada), ULC, a highly reputable industry leader in reservoir characterization, applied geosciences and advanced analysis and interpretation of rocks and fluids, to AGAT Laboratories Ltd., a specialized Canadian owned laboratory headquartered in Calgary, Alberta. Stratum's team was lead by Jason Buchman, Chief Legal Officer and Chief Compliance Officer, and Meredith Krimmel, Assistant General Counsel.

Fasken advised Stratum with a team lead by Scott Whitby and including Holly Barker (Corporate), Lori Bokenfohr (Tax) and Bruce Graham (Employment).

Jurisdiction

  • Alberta

Team

  • Scott Whitby, Counsel, Calgary, AB, +1 403 261 5371, swhitby@fasken.com
  • Holly Barker, Associate, Calgary, AB, +1 403 261 5367, hbarker@fasken.com
  • Lori Bokenfohr, Partner, Calgary, AB, +1 587 233 4061, lbokenfohr@fasken.com
  • Bruce Graham, Partner, Calgary, AB, +1 403 261 5363, brgraham@fasken.com