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Strathcona Resources Ltd T.SCR

Alternate Symbol(s):  STHRF

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.


TSX:SCR - Post by User

Comment by BudFoxx2020on Jul 09, 2021 2:42pm
183 Views
Post# 33522134

RE:Score increase in price

RE:Score increase in priceThe Score head office is in Toronto, Ontario and has been operating in the province since 2012.  There is no doubt they will have first dips in Ontario, the biggest market in Canada and home of all the major sports team in Canada.  Its a no brianer.  I hate to sound like a broken record.  But here is a good example of SCR potentials.  One announcement of a deal or a partnership with the province or a big company and the sp is $30+ instantly no matter what the financials are.  Okay that was just an example, I have no idea if it will happen or not.  So don't hold me to it.  Lol.  

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