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Strathcona Resources Ltd
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April 2024 Corporate Presentation
| Rob Morgan | Page 5 of 11 |
May 20, 2024
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"April 2024 Corporate Presentation"
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Company Overview 5 Strathcona is currently producing ~185 Mboe / d with a 38-year reserve life index across three core areas: Lloydminster, Cold Lake, and the Montney Asset Map Market Data Ticker TSX:SCR Shares Outstanding Basic: 214,235,608 Dilutive Securities: 0 Ownership (Waterous Energy Fund (WEF) / Public Float) ~91% / ~9% Market Capitalization (as of 4/24/24) ~$7.1bn Debt (as of 12/31/2023) ~$2.7bn Current Production (Mboe / d) ~60 ~72 ~53 1P Reserves Life Index (2)(3) 21.9 Years 2P Reserves Life Index (2)(3) 38.5 Years ~185 (1) (78% Liquids) Lloydminster Cold Lake Montney (1) Current run-rate production estimate; bitumen 60 Mbbl/d, heavy oil 53 Mbbl/d, light oil & condensate 19 Mbbl/d, other NGLs 12 Mbbl/d, natural gas 245 MMcf/d; see slide 8 for segment breakout. (2) Reserves are presented as of December 31, 2023. (3) RLI based on Q4 2023 production of ~186 Mboe / d.