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Strathcona Resources Ltd V.SCR


Primary Symbol: 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 MichaelRyan2on Nov 16, 2019 12:21pm
88 Views
Post# 30360216

RE:Best Idea

RE:Best Idea

GREAT IDEA MONOPOLY AS LOVE TO DIVERSIFY MY PORTFOLIO INTO SOME POTENTIAL NEW FUTURE RUNNERS>

Two of mine are:

 

BNGO - Bionano Genomics SP $1.05 (hit $4+ twice in last several months)

- Got 3K shares Only at $1.07 average
- Think its a perfect buy out candidate for a company like Illumina due to their Saphry System.
- Some HUGE majors in the space have been adopting its system which is a 4 in 1 solution 

"Novogene has adopted the Saphyr system for genome imaging and incorporated it into their expansive repertoire of genome analysis technology services.  Novogene is one of the premier genome analysis technology providers in the world. We believe the addition of Bionano technology could enable Novogene’s global customers to achieve comprehensive analysis of platinum genome assembly, and genome structure, including highly accurate detection of genomic structural variations that remain unresolved by current next-generation sequencing (NGS) technology and other methods."

FCEL - Fuel Cell  SP $0.82  
- Been trading in and out of this and made already 50%+ in profits.
- Currently got 10K @ $0.76
- got ton of patents to be the leader in carbon capture

 

  • November 6, 2019: Announced a new, 8-year $200 million strategic corporate loan facility with Orion Energy Partners. The facility is an integral part of the go-forward capital structure and operating strategy of the Company and will serve to support capital costs associated with completing inflight projects. The Company is planning to leverage the initial October/November 2019 draws totaling $80 million to primarily support execution of certain projects within the Company’s $2 billion project backlog. The balance of the Facility, or $120 million, will be available over the first 18 months to invest in additional project deployments, strategic growth initiatives and provide working capital as needed.
     
  • November 6, 2019: Announced an expanded, two-year joint-development agreement with ExxonMobil to further enhance carbon capture technology. The agreement, valued at up to $60 million, will focus efforts on optimizing and enhancing the core carbonate fuel cell technology, accelerate overall process integration, and drive towards large-scale deployment of carbon capture solutions.
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