Strathcona Resources Ltd SCR

Primary Symbol: 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, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment 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. It 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 SAGD oil assets. Its Montney development is positioned in some of the active regions 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 Advice / Just Calcs if you own 1,000 shares Today,

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Post by Braggs2on Aug 25, 2021 4:49pm

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Post# 33765114

Not Advice / Just Calcs if you own 1,000 shares Today,

my math shows that the buyout deal is still better? Please feel free to add or amend any corrections or thoughts.

		Buyout
Shares	1000
Price $CDN$	$44.40	Share Price $U.S.	$17
		Shares of PENN	0.2398
Investment AVG	$4.50	Penn Share Aquired	240
Total Invested	$4,500

Market value	$44,400	U.S / CDN Exchange	$1.2594
Profit	$39,900	CDN Today	$21.41
Times Profit	9.867
		PENN Share Price Today $U.S.	$79.92
		PENN Share Price Today $CDN	$100.65


		Deal Value Today
		Cash	$21,411
		Penn Shares	$24,137
Out of round	$1,148	Total Value	$45,548