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 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. The Company 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 steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region 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 > Pipestone probably would be pushing $1 in this market

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Comment by bobsomethingon Nov 17, 2023 11:56am

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Post# 35741236

RE:Pipestone probably would be pushing $1 in this market

What are you talking about?
Pipestone was 2.73 just before the merger announcement. This was in August and it dropped right after thr announcement. If it wasn't for the announcement it would of risen just like every one of its peers to probably Nov 2022 (3.50).
It missed the big run up because of the frkn takeover.
Even today it would be trading back at 2.73 August 2023 average (just like its peers).
Not $1.40!

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