The peers: RRX.V, STO.TO, RPL.V, TOL.V, ARN.V, ARW Folks, compare SCS.TO (80%+ oil - 60,000 $/boepd - pbv=0,7) with the other OIL players like:
ARN.V (Arcan, 97% oil) which operates also in Beaverhill lake.
STO.TO (Spartan, 83% oil).
RRX.V (Raging River, 95% oil).
RPL.V (Renegade, 97% oil).
NVS.V (Novus, 80% oil).
ARW.V (Aroway, 80% oil).
TOL.V (75% oil).
ALL of them trade for 85,000 $/boepd and higher. Find the EV (enterprise value = market cap+ long term debt)/ production and you will confirm my sayings.
ALL of them also trade with pbv > 1 .
ALL of them trade 5x+ the Funds from Operations annualized.