Greenfire Resources Ltd is an oil sands producer focused on the sustainable development of its Tier-1 assets in Western Canada. The Companyâs operations include Thermal Oil Operations, Tier-1 Oil Sands Reservoir, Hangingstone Facilities, Pipeline Infrastructure, and Cooperation with Trafigura. The Companyâs operations are based in the Canadian oil sands where it leverages in situ thermal oil development to access Western Canadaâs energy resources. The Companyâs resource base is concentrated in the Athabasca region of Northern Alberta and comprises two of the five Tier-1 steam-assisted gravity drainage (SAGD) assets in the province, providing access to a reservoir. It operates two SAGD oil production facilities within the same Tier-1 reservoir at Hangingstone, situated 50 kilometers (km) south of Fort McMurray in Northern Alberta. Hangingstone Expansion is located 55 km south of Fort McMurray, Alberta. The Demo Asset is located 50 km south of Fort McMurray, Alberta.
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