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Bullboard - Stock Discussion Forum 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... see more

TSX:SCR - Post Discussion

Strathcona Resources Ltd > CPG just bought Hammerhead
View:
Post by tylerreddick on Nov 06, 2023 4:35pm

CPG just bought Hammerhead

And they got about $51,000/boed.

PIPE shareholders got $18,000/boed
Comment by filefish on Nov 06, 2023 5:44pm
This case just shows you how undervalued SCR is. 185mboe x $51 = $9,435mil div by 214mil shares = $44/share under those metrics vs todays closing $25.75
Comment by tylerreddick on Nov 06, 2023 9:53pm
The truth is, it just shows how much the market dislikes Watrous.
Strathcona Resources Ltd
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