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 > Inefficient market

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Comment by filefishon Nov 10, 2023 4:30pm

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Post# 35729384

RE:RE:RE:RE:RE:RE:Inefficient market

uwebb427, thanks for summarizing the information and including the Pipestone / Strathcona vote documents. The financial statements, etc are as of 12/31/22, so already 10 months old. Of particular note on the link is the Balance sheet on page 307, Income statement on page 308 and hedge book on page 406. Will be interesting to see how the numbers carry forward to 9/30/23 + pro-forma Pipestone. Hopefully the numbers and forward plan will convince some PIPE shareholders on the fence, to hang on.

https://www.pipestonestrathcona.com/_files/ugd/bd7041_06b0265bee1a47fbba761e693bbbd9d8.pdf

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