Strathcona Resources Ltd.

Strathcona Resources Ltd. today reported its first quarter 2024 financial and operational results. Highlights Production of 185,122 boe/d Operating Earnings of $209.0 million Free Cash Flow of $157.9 million Three Months Ended March 31, 2024 March 31, 2023 December 31, 2023 WTI 76.96 76.13 78.32 WCS Hardisty 77.77 69.31 76.85 AECO 5A 2.50 3.22 2.30 Bitumen 60,150 51,097 59,845 Heavy oil 51,835 57,443 52,736 Condensate and [...]

Strathcona Resources Ltd. today reported its voting results from its annual meeting of shareholders held on May 7, 2024 . All matters presented at the Meeting were approved including the election of all nine nominees listed in the management information circular dated March 26, 2024. The complete results of voting for business considered at the Meeting are set out below: Voting Results 1. Election of Directors The [...]

In the news release, Strathcona Announces Q1 2024 Conference Call, issued 15-Apr-2024 by Strathcona Resources Ltd. over CNW, we are advised by the company that the conference call information was duplicated. The conference number should read "965818" rather than "836882", as originally issued inadvertently. The complete, corrected release follows: Strathcona Announces Q1 2024 Conference Call Strathcona Resources Ltd. will [...]

Strathcona Resources Ltd. will release its first quarter 2024 financial and operating results after market close on May 14, 2024. Strathcona will host a conference call on May 15, 2024, starting at 9:00AM MT , to review the Company's first quarter 2024 results. Date: Wednesday, May 15, 2024 Time: 11:00AM ET URL Entry: To join without operator assistance, register here up to 15 minutes before the start time. Enter your [...]

Strathcona Resources Ltd. will release its third quarter 2023 financial and operating results prior to the opening of markets on November 14, 2023. Strathcona will host a conference call on November 14, 2023, starting at 9:00AM MT (11:00AM ET), to review the Company's third quarter 2023 results.

Strathcona Resources announced today that it has closed the acquisition (the "Acquisition") of Pipestone Energy Corp. The Acquisition was structured through a plan of arrangement under the Business Corporations Act (Alberta), where existing Pipestone shareholders received 0.067967 common shares of Strathcona for each Pipestone common share. The Acquisition will result in Strathcona becoming a publicly traded reporting [...]

Pipestone Energy Corp. today announced that the Company's shareholders have voted to approve the previously announced arrangement with Strathcona Resources Ltd.[/wp], which will see Pipestone combined with Strathcona to create one of Canada's largest energy producers. Upon closing, Strathcona and Pipestone will be amalgamated to form a new corporation, which will continue as "StrathCona Resources Ltd." . The Arrangement is expected to close on October 3, 2023, subject to the receipt of a final order from the Court of King's Bench of Alberta with respect to the Arrangement and the satisfaction or waiver of customary closing conditions. "On behalf of Pipestone's Board, I thank our shareholders for their participation in this process and their support fo... [...]

Pipestone's extensive 18-month strategic review process considered all alternatives available to Pipestone, including those previously put forward by GMT and companies in which it has an interest, and determined that the combination with Strathcona is in the best interests of Pipestone and the Pipestone Shareholders Today's Tom Claugus claims, intended to derail this value-unlocking transaction, are even more misleading [...]

To ensure their votes are counted at the Special Meeting of Shareholders, Shareholders must submit their proxies by 10:00 am this Monday, September 25, 2023. Shareholders are encouraged to vote FOR the Arrangement with Strathcona. Combining with Strathcona is superior to the status quo, providing Pipestone Shareholders with the ability to participate in the upside of a much larger, more diversified producer that is [...]

Pipestone Energy Corp. today announced that leading proxy advisory firm Institutional Shareholder Services has reviewed the arguments of GMT Capital Corp. in its dissident proxy circular dated September 15, 2023 and reaffirmed its recommendation that shareholders vote FOR the proposed arrangement with StrathCona Resources Ltd. that would see Pipestone and Strathcona combine to become one of Canada's ...