Greenfire Resources Reports Growth Amid Challenges

Greenfire Resources (GFR) has released an update.

Greenfire Resources Ltd. reported a growth in Q2 2024, with bitumen production and financial metrics such as EBITDA and funds flow showing significant increases from the previous year despite operational challenges including wildfires and regulatory delays. The company revised its full-year outlook to project a 13-19% increase in annual production and appointed Jonathan Kanderka as the new Chief Operating Officer to drive further growth.

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