GFR

Greenfire Resources Ltd. is a Canadian oil and gas company focused on the development of oil sands assets in the Athabasca region of Alberta. The company operates the Hangingstone Project, an in-situ Steam Assisted Gravity Drainage (SAGD) facility that produces heavy oil. Greenfire utilizes advanced SAGD technology to extract bitumen from underground reservoirs by injecting steam and pumping the heated, liquefied bitumen to the surface. The company emphasizes operational efficiency and environmental stewardship in its production methods. Greenfire's strategy focuses on maximizing the value of its existing assets while maintaining financial discipline.