Strathcona Resources Ltd T.SCR

Alternate Symbol(s): STHRF

Energy Oil & Gas E&P

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. The Company is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.

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Strathcona Resources Ltd > Finally a reply from Strathcona

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Comment by pierrelebelon Oct 20, 2023 4:52pm

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Post# 35693854

RE:Finally a reply from Strathcona

Two weeks later.... finally got a call from CIBC (after six emails) confirming that one share was misssing and will be deposited "soon" into my account. Also, the spokeperson from CIBC advised that all other CIBC clients who were owed a share (fractional share over 0.50) will have the share deposited in their account "soon".

If you deal with CIBC and were shortchanged keep checking your account.

Also, I was told that no Canadian bank would give cash for fractional share in this specific case (Pipestone/Strathcona).

There was no excuse for the delay ("We are investigating").

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