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, 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 > in America fractional shares

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Comment by tylerreddickon Oct 08, 2023 5:53pm

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Post# 35675412

RE:RE:in America fractional shares

" you could have setup 100 accounts with 37 shares of PIPE in each for a 19% return on investment. "

Actually, no, you cannot. If you try that, they add up all of the aacounts for a grand total, then convert. That is in the merger agreement.

Also, there is no allowance for paying cash for a fractional share. Once more, if you have a half share or more of SCR, it is supposed to be rounded up. If you end up with less than a half share, it is rounded down. That is also in the agreement.

People should just read the darn thing instead of posting misinformation?

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