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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 filefishon Nov 14, 2023 3:23pm
130 Views
Post# 35735192

RE:CC: 'Expect' 3 LARGE PIPE Shareholders To TURN 15M SCR Stock

RE:CC: 'Expect' 3 LARGE PIPE Shareholders To TURN 15M SCR StockWouldnt be surprised to see Nuttall on the buy side of the "likely selling shareholders" when the time and price is right. (Think back on the ATH transaction.)
Regarding conference call:
At least we know SCRs policy goal for shareholder returns. We must be willing to hold on for about 6-9 months to get our dividends. 
Will be interesting to see how WEF goes about monitizing some of its 91% ownership, either thru its partners or another acquisition.  
I give C.W. lots of credit for hosting the financial portion of the CC call questions, but truthfully the stuttering was a bit difficult to listen to.
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