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 > NOT VERY IMPRESSED With The SCR Q3/2023 Financials !

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Comment by bobsomethingon Nov 14, 2023 9:05am

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Post# 35733948

RE:RE:RE:NOT VERY IMPRESSED With The SCR Q3/2023 Financials !

Their share capital from the Q2 2023 report
shows $3,053 Billion was invested by shareholders.

2,187 Million average common shares

$3,053 / 2,187 = $1.396 per share value of share

Add 10% for Pipestone
$1.396 + $ 0.1396 = $1.536

Now convert to New Strathcona Amalg