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Strathcona Resources Ltd
1900 421 7 Avenue SW
Phone: (403) 930-3000p:403 930-3000 CALGARY, AB  T2P 4K9  Canada Ticker: SCRSCR

The Company was acquired by Waterous Energy Fund.

Business Summary
Strathcona Resources Ltd. is a Canada-based pure-play heavy oil company with operations focused on thermal oil and enhanced oil recovery. The Company’s segments include Lloydminster Heavy Oil and Cold Lake. 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. The Lloydminster segment includes a combination of conventional heavy oil and thermal operations, primarily located in southwest Saskatchewan. Its primary conventional assets within its Lloydminster Segment are Cactus Lake and Greater Bodo. It operates three producing assets in the Cold Lake region of Alberta: Lindbergh, Orion and Tucker. The assets are developed with a combination of well pairs and infill wells utilizing steam-assisted gravity drainage (SAGD) technology to produce bitumen from Clearwater, Lloydminster, Colony, and Upper Grand Rapid formations.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-YesYesYes-

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202512/31/2024Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board AdamWaterous 8/1/2020 8/1/2020
Independent Vice Chairman of the Board SteveFagan 8/1/2024 8/1/2020
Chief Financial Officer, Director Connor L.Waterous 10/1/2024 4/3/2023
12 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Caltex Resources Ltd. 7177th Ave SW Calgary AB Canada
Pipestone Energy Corp. 888 3 St SW Calgary AB Canada
Osum Oil Sands Corp. Suite 1900, 255 – 5th Avenue SW Calgary AB Canada
Osum Production Corp. Suite 1900, 255 – 5th Avenue SW Calgary AB Canada

Business Names
Business Name
Blackbird Energy Holdings LLC
Blackbird Investments Inc.
Caltex Resources Ltd.
7 additional Business Names available in full report.

General Information
Number of Employees: 797 (As of 12/31/2024)
Outstanding Shares: 214,200,000 (As of 3/31/2025)
Stock Exchange: TSE
Email Address: ir@pipestonecorp.com


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Friday, July 11, 2025